Incredible Potosi Mint Juan Ballesteros Atocha Two Reale Grade One. Late 1500’s, Coin # 85A-143247
OverViewJuan Ballesteros was one of the first Assayers at the Potosi Mint, starting in about 1578 give or take. The coins that he minted starting in the ear...
Juan Ballesteros was one of the first Assayers at the Potosi Mint, starting in about 1578 give or take. The coins that he minted starting in the early 1580s until he retired around 1600 were wonderfully made and highly collectible. This two reale is one of those. The obverse Barris the well centered and well struck Royal shield and crown and Phillip III of Spain. (1598-1621) to the left is the mint mark P beneath which is the Assayer’s mark B. To the right is the denomination in Roman numerals II. On the reverse is the crusaders cross with lions and castles. The silver coin weighs 6.3 g., Almost no weight loss after 363 years in the sea. It was part of the original mother lode of the ATOCHA found in 1985 by Mel Fisher. This coin would appraise and sell for a minimum of $8200 at the Fisher museum in Key West. There is a great deal of demand for these early pieces of eight with very few on the market. It is accompanied by the original certificate as issued by Treasure Salvors.
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