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Lot
185

1818 1/2RL New Spain (Texas) Jola Half Real, Large Planchet XF40 NGC. Breen-1081. These Spanish Texas coins were produced i...

2006 April (CSNS) Signature Auction #404

 
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Auction Ended On: Apr 26, 2006
Item Activity: 11 Internet/mail/phone bidders
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Description:
Desirable Extremely Fine 1818 Texas Jola
1818 1/2RL New Spain (Texas) Jola Half Real, Large Planchet XF40 NGC. Breen-1081. These Spanish Texas coins were produced in what is now San Antonio on the order of Lt. Col. Manuel Prado. Prado authorized that some 8,000 coins should be struck in March of 1817. None of these pieces are known today. If any should turn up they would have the 1817 date as well as the initials of Manuel Barrera. The few coins that are known bear the 1818 date and the initials of Jose Antonio de la Garza (JAG). The denomination (1/2) is sideways between JAG and the date, and the reverse has what may be the first appearance of the Lone Star to represent Texas.
Very few jolas are known, probably fewer than 100 in all grades, most of which came from a hoard of about 60 pieces discovered on the banks of the San Antonio River in 1959. Almost all of the known examples show some degree of corrosion from having been buried for 150 years. This is a well centered coin with even brown patina and moderately corroded surfaces. The only striking deficiency is weakness on the second 8 in the date. The Texas jola is an issue that, if we can borrow a term from the music industry, has crossover potential. It appeals to U.S. colonial coin collectors, collectors of Mexican numismatics, or Spanish colonial issues, as well Texas numismatists no matter what their numismatic specialty. A rare opportunity to acquire this important colonial coin. Listed on page 74 of the 2006 Guide Book.
From The Steve Glenn Collection. (PCGS# 660)

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