Amazing 8s -- Charles III Portrait 8 Reales 1772-1791
1787/6 Lima

Owner Comments:

This coin and the other top pop 1787/6 had been appearing in several auctions with very high reserve prices and they did not sell. Finally, this one opened at a price that let the market determine its value. Off-center but well struck; dies appear to be somewhat worn giving a softer look to the portrait; nicely visible overdate. From the September 2014 Long Beach Expo World Coins Signature Auction, Lot #31429. KM78a, description from catalog -- "full frosty white mint luster with just a hint of toning in the legends, a choice and original mint state coin. Rarely seen in this select quality." (Pop 2/0)