Unprecedented Offering of Spanish Colonial 8 Reales Cobs in Sedwick’s Auction 35

29 Apr

The Luis R. Ponte Collection, a featured collection in Daniel Frank Sedwick, LLC’s Treasure, World, U.S. Coin and Paper Money Auction 35, features a vast array of 1500s-1600s Spanish colonial cob 8 reales.

“We hope this unique offering of exquisite and well-studied material from one of the greatest cob collectors of all time will inspire other great collectors for the next few decades and more.” says company Founder and President Daniel Sedwick, a longtime expert in cobs.

The collection consists of silver cobs from the two most prolific Spanish colonial mints in South America to produce silver cobs, Lima and Potosí. Only a small percentage of the coins were made well and stayed in undamaged condition through the centuries. This collection of top examples could only be assembled by a knowledgeable collector with an eye for rarities and access to special offerings and auctions around the world.

“It is a pleasure to work with such a well-curated collection,” Sedwick continues. “Coins like these are assembled only through decades of attentive acquisition with judicious upgrading and augmentation as opportunities arise.”

Some particular highlights from the Lima mint include a very rare assayer Rincón 8 reales of 1568, a selection of assayer Diego de la Torre pieces from 1577-88, a choice run of rare “Star of Lima” varieties from 1659-60, and a massive round 1686 R “Royal” (galano) 8 reales. The Potosí offerings include a long run of shield-types from 1574-1652 including a Rincón 8 reales and several fully dated pieces plus a vast collection of Potosí countermarked coins from the Great Transition of 1649-52. This last group comprises the choicest and most advanced assemblage of rare countermarks we have ever offered, including quite a few extremely rare multiple-countermarked pieces, mostly from the Capitana (1654) and Maravillas (1656) shipwrecks. Many of the coins feature old and extensive collector pedigree histories and some are trophies never to be seen on the market again. For this important occasion, Daniel Frank Sedwick has added two special articles: one a variety list of “Star of Lima” coinage and the other a practical summary of exhaustive data on the Potosí 1649-52 countermarks presented in multiple volumes by expert Robert Mastalir.

Here is a selection of choice pieces from the Luis R. Ponte Collection:

The three-day auction will be held live online at auction.sedwickcoins.com.

Daniel Frank Sedwick, LLC / Licensed Florida Auctioneer #AU3635, AB2592 (since 2007)
P.O. BOX 1964 | Winter Park, Florida 32790 | Phone: 407.975.3325 | Fax:407.975.3327  



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