The Coin Cabinet Ltd. > World Coin Auction 6Auction date: 20 March 2025
Lot number: 424

Price realized: 75 GBP   (Approx. 97 USD / 89 EUR)   Note: Prices do not include buyer's fees.
Lot description:


Very fine | BOLIVIA. SPAIN COLONIAL. Carlos III, 1759-88.
Silver 8 Reales, 1783 PR. Potosí.
Obv.: CAROLUS · III · DEI · GRATIA · 1783; laureate and draped bust of Carlos III right.
Rev.: HISPAN · ET · IND · REX · P · 8R · P · R; crowned Spanish arms between pillars, mintmark P on left and assayer's initials P R on right.
Very fine.

Reference: KM 55.
Diameter: 40 mm.
Weight: 26.94 g.
Composition: Silver.

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Estimate: 70 - 100 GBP

Match 1:
Numismatik Naumann (formerly Gitbud & Naumann) > Auction 148Auction date: 5 January 2025
Lot number: 1127

Price realized: 80 EUR   (Approx. 82 USD)   Note: Prices do not include buyer's fees.
Lot description:




PERU. Carlos IV (1788-1808). 8 Reales (1790-IJ). Lima.

Obv: CAROLUS IV DEI GRATIA.
Laureate, draped and cuirassed bust right.
Rev: HISPAN ET IND REX ME.
Crowned coat-of-arms between garlanded Pillars of Hercules.

KM 87.

Condition: Very fine.

Weight: 26.68 g.
Diameter: 40 mm.

Estimate: 40 EUR

Match 2:
Leu Numismatik AG > Web Auction 32Auction date: 7 December 2024
Lot number: 3705

Price realized: 280 CHF   (Approx. 319 USD / 302 EUR)   Note: Prices do not include buyer's fees.
Lot description:


MEXICO, Colonial. Carlos III, king of Spain, 1759-1788. 8 Reales 1770 FM (Silver, 39 mm, 26.73 g, 12 h), Ciudad de México (Mexico City). CAROLVS•III•D•G•HISPAN•ET IND•REX Crowned coat of arms; to left, assayers' initials FM; to right, value 8. Rev. VTRAQVE VNVM / 1770 Crowned hemispheres between the pillars of Hercules; all set on ground rising out of ocean waves. Calicó 1101. KM 105. Nicely toned. Chinese countermark on each side. Minor scratches, otherwise, good very fine.

Starting price: 75 CHF

Match 3:
Leu Numismatik AG > Web Auction 33Auction date: 15 March 2025
Lot number: 3596

Price realized: 685 CHF   (Approx. 774 USD / 712 EUR)   Note: Prices do not include buyer's fees.
Lot description:


MEXICO, Colonial. Carlos III, king of Spain, 1759-1788. 8 Reales 1771 Mo FM (Silver, 40 mm, 26.88 g, 12 h), Ciudad de México (Mexico City). CAROLVS•III•D•G•HISPAN•ET IND•REX Crowned coat of arms; to left, assayers' initials FM; to right, value 8. Rev. VTRAQVE VNVM / 1771 Crowned hemispheres between the pillars of Hercules; all set on ground rising out of ocean waves. Calicó 914. KM 105. Beautifully toned. Good very fine.


From the collection of a Swiss scholar, formed over the past thirty years.

Starting price: 50 CHF

Match 4:
Classical Numismatic Group > Electronic Auction 581Auction date: 19 February 2025
Lot number: 909

Price realized: 300 USD   (Approx. 287 EUR)   Note: Prices do not include buyer's fees.
Lot description:


MEXICO, Colonial. Carlos III. King of Spain, 1759-1788. AR 8 Reales (38mm, 12h). Mexico City mint. Dated 1783 Mo FF. Laureate, draped, and cuirassed bust right / Crowned coat-of-arms between garlanded Pillars of Hercules. BW 28.6; KM 106.2. In NGC encapsulation 3900821-062, graded "Genuine".

Ex 1784 El Cazador wreck.

In early 1784, the El Cazador ("The Hunter") set sail from Veracruz to New Orleans. The economy of the then-Spanish colony of Louisiana was in such a poor state that the colonialists were on the brink of revolution. Hard currency was desperately needed, and the El Cazador, loaded with Spanish silver coins struck at the Mexico City mint, was launched to resolve the situation. The ship never arrived, for reasons that are unclear. Spanish attempts to locate and retrieve the treasure failed, and in June of 1784 the ship was officially declared as lost at sea.


It would take over two centuries for the treasure to be located. In August 1993 the fishing boat Mistake snagged its nets in the Gulf of Mexico. When the nets were dumped on the deck, the crew was shocked to find they had hoisted silver coins.


Estimate: 150 USD

Match 5:
NumisCorner > Auction 4Auction date: 26 September 2024
Lot number: 2148

Price realized: 56 EUR   (Approx. 63 USD)   Note: Prices do not include buyer's fees.
Lot description:


Mexico, Carlos IV, 8 Reales, 1791-1801, Mexico City, Clipped, Silver, VF(30-35)
Bust of Carlos IV, draped, laureate, right., Shield with crowned coat of arms of Spain between the columns of Hercules., There is no known documentation to elaborate about these cut-down coins, making their existence unofficial but also creating a numismatic mystery around them. It is believed they're following some North African standards, and they were not clipped randomly, since many of those coins seen in sales comes from hoards originating from this region, as from Oran and Algeria, and with a similar shape with 4 or 5 cuts on the flan.
After the clipping, those coins were reduced to 15 to 17g, by cutting around 10g of silver.
It is belived that those coin, cutted with a calculated weight but without countermark or any specific shape tends to indicate a clipping done by local bankers themselves.
This specimen is likely one of those coin coming from an unknown hoard, probably discovered in North Africa, since the patina correspond to a long exposure to water, even after the cleaning that has been done on the coin.
See Heritage Auctions, Auction 61364, 17/03/2024, lots 21356, 21364-66, 21448-9, for similar examples and information on these little-known coins.

COUNTRY:Mexico
DENOMINATION:8 Reales
YEAR:1791-1801
COIN CONDITION:VF(30-35)
MINT NAME:Mexico City
COMPOSITION:Silver
DIAMETER:31.5
RULER NAME:Charles IV
WEIGHT (G):16.2

Mexique, Charles IV, 8 Reales, 1791-1801, Mexico City, Clipped, Argent, TB+
Buste de Charles IV, drapé, lauré, à droite., Écu aux armoiries d'Espagne couronnées, accostées des colonnes d'Hercules., Il n'existe aucune documentation connue sur ces monnaies découpées, ce qui rend leur existence non officielle mais entretient également un mystère numismatique autour d'elles. Il semblerait qu'elles suivent certains standards nord-africains et qu'elles n'aient pas été découpées au hasard, puisque de nombreuses monnaies vendues sont issues de trésors provenant de cette région, comme par exemple d'Oran et d'Algérie, et qu'elles présentent une forme similaire avec 4 ou 5 découpes sur le flan.
Après le découpage, ces pièces ont été réduites à un poids de 15 à 17 g, en retirant environ 10 g d'argent.
On estime que ces pièces, coupées avec un poids calculé mais sans contremarque ni forme spécifique, tendent à indiquer un découpage effectué par les banquiers locaux eux-mêmes.
Ce spécimen provient probablement d'un trésor inconnu, probablement découvert en Afrique du Nord, puisque la patine correspond à une longue période de séjour dans l'eau, même après le nettoyage qui a été effectué sur la pièce.
Voir Heritage Auctions, Vente 61364, 17/03/2024, lots 21356, 21364-66, 21448-9, pour des exemplaires similaires ainsi que les informations concernant ce type très peu connu de monnaies.

PAYS:Mexique
VALEUR FACIALE:8 Reales
ANNÉE:1791-1801
QUALITÉ DE LA MONNAIE:TB+
ATELIER:Mexico City
MÉTAL:Argent
DIAMÈTRE:31.5
NOM DU RÉGNANT:Charles IV
POIDS (GR):16.2

Starting price: 30 EUR