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    Description

    1760 Florida Proclamation 4 Reales, AU50
    Breen 1078, Rare Cast Silver Example
    Only Two or Three Confirmed

    1760 Florida Proclamation 4 Reales, Cast Silver, Herrera-56, Grove K. 21, Breen-1078, Rulau E-FLA-1, AU50 NGC. 31.4 mm., 126.9 grains. Spanish Florida is traditionally recognized as the first major land claim and settlement by Europeans during the Age of Discovery. It was the seat of Spanish power in North America, while serving as a buffer between other Spanish holdings and nearby English and French colonial settlements.

    In the 1740s, Florida Governor Montiano petitioned Spain to help solve a dire shortage of Florida coinage. Despite a 1746 order by King Philip V for the needed coinage to be struck at the Royal Mexican Mint, no record of early Florida coinage exists. Rather, Florida's colonial output is limited to a small number of 1760 and 1789 Proclamation medals -- struck to celebrate royal ascension to the Spanish throne.

    All Florida Proclamation medals are extremely rare and in demand among colonial collectors. A solitary die-struck silver medal exists (recently offered in Heritage's 2021 FUN Partrick Platinum! auction, where it realized $132,000 as lot 3904). That 1760 design inspired similar, diecast medals struck on cast silver planchets. It is thought no more than five such pieces survive. The present About Uncirculated medal is one of just two or three confirmed diecast examples, which vary from the original both in design and relief. The bust of Charles III is struck in exceptionally high relief from the casting mold, while the reverse displays a pinwheel-like adaptation of the original's rose motif.

    These medals were made from whatever silver bullion could be obtained, with little regard for fineness or standard weight. Some sources suggest the cast medals were thrown by the handful to crowds attending Charles III's celebratory event. If so, one can understand why only a few of the coins survived. This example is remarkably well preserved, with sharp definition on both sides and attractive, silver-bronze toning.
    Ex: "Col." E.H.R. Green Collection; Stack's; Philip M. Newfeld circa 1942/3; W.F. Steinberg on January 7, 1972; John J. Ford, Jr. Collection, Part XIII (Stack's, 1/2006), lot 659; Jon Hanson; Donald G. Partrick.


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    Auction Info

    Auction Dates
    April, 2021
    22nd-25th Thursday-Sunday
    Bids + Registered Phone Bidders: 23
    Lot Tracking Activity: N/A
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