Dream Coins of Potosi

[divewrecks]

Subject says it all....Stan

[godisnum1]

Wow... those coins are beautifully defined! Are these dug coins, opposed to coins exposed to water?

Bran <><

[divewrecks]

They didn't come out of the water and I doubt out of the ground. These are presentation pieces, which are sometimes referred to as "royals". The prices realized from auction follow.....Stan

The Millennia Collection
May 26, 2008
Beverly Hills, Ca.

1652: $31,000
1656: $13,000
1674: $14,000
1684: $10,500
1690: $6,000
1727: $105,000

[godisnum1]

Interesting... so these presentation pieces were, what? Made by the mints, but weren't used for payment or trade, like our uncirculated coins today?
I'm figuring they are genuine coins, based upon the pricing you just gave... unless I'm mistaken.

Bran <><

[MORE AND BEYOND OSSY]

Royals, the Kings Play money. I want one It's nice to dream.
Sam

[divewrecks]

Interesting... so these presentation pieces were, what? Made by the mints, but weren't used for payment or trade, like our uncirculated coins today?
Bran <><

Yes, they were coins produced by the mint to show off their ability to make fine quality coins. It is believed that they were intended as gifts for persons of high social esteem, royal officials, and perhaps even the king himself. To look at one from another mint, this one is probably the best example of a gold cob ever to come out of Mexico and could very well have been meant for King Philip V. It sold for a record $310,000 in the same auction. Cob dies were used, but I doubt it was struck with a hammer!...Stan

[godisnum1]

Goodness?!! Those are superb specimens!!!!

Bran <><