Mexico: Philip V 8 Reales 1742 Mo-MF MS66 PCGS,...

Description

Philip V 8 Reales 1742 Mo-MF MS66 PCGS, Mexico City mint, KM103, Elizondo-19, Cay-9435, Cal-1461, Calbeto-753. Within a series as popular and broad as Spanish Colonial Mexico, even seasoned connoisseurs will readily admit that there are plenty of issues that make collectors stop in their tracks-either as absolute rarities or pieces that exceed their counterparts in terms of condition. The present coin stands as a clear case-in-point of the latter. Yielding a "one-of-a-kind" level of eye appeal, the margins contain a glassy ring of fresh mint luster, which creates a bull's-eye effect when paired with the coin's satin centers directing the viewer to the classic globe-and-pillars motif and the Spanish royal arms. A survey of the certified population quickly confirms what for any onlooker should be readily apparent--the offering stands in a league of its own. Of over 10,000 colonial Mexican 8 Reales graded between NGC and PCGS combined, only three total have been awarded MS66 (one other of this date), and none finer. The next finest we have offered was an MS64, which brought $7050 as part of our August 2017 Platinum Night sale. Simply unimprovable and a specimen that is sure to disappear from the market for decades to come.

From the Summit Collection

Metal: Silver
Diameter: 39mm
Weight: 27.0674g
ASW: 0.798oz

More information about Mexican Coins. See also: Mexico World Coin Nationality.

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View Certification Details from PCGS