Bolivia - 1751 Pq - Ferdinand VI - 8R Cob - NGC AU Excavation Recovery Specimen

Description: This Bolivian coin from 1751 is a rare find, perfect for any collector or history enthusiast. With a denomination of 8 Reales and made of 0.9 fineness silver, this coin was excavated in Cerro Rico de Potosi Bolivia and certified by NGC, ensuring its authenticity and quality. This rare Cob 8 Reales was struck under the reign of Ferdinand VI and represents a truly interesting piece of Bolivian numismatic history. This coin is a great addition to any collection and a piece of history that will fascinate any visitor. NGC Excavation Recovery AU. Very Rare! SPECIAL NOTE: This piece is slightly loose (only 3 of the 4 stablizers tightly touch the coin) in the slab due to its unusual shape but is completely secure in the holder. The Cerro Rico de Potosí was the richest source of silver in the history of mankind. The extraction of mineral ores in Cerro Rico de Potosí began in 1545 by the Spanish Empire. Between the 16th and 18th century, 80% of the world's silver supply came out of this mine. After centuries of extractive mining methods that severely damaged the local ecology, the mountain continues to be mined for silver to this day. Due to poor worker conditions, such as a lack of protective equipment against the constant inhalation of dust, many of the miners contract silicosis. They have a life expectancy of around 40 years. The mountain is still a significant contributor to the city's economy, employing some 15,000 miners. As a result of centuries long mining, in 2011 a sinkhole in the top appeared and had to be filled with ultra-light cement. The summit also continues to sink a few centimeters every year. In 2014, UNESCO added Cerro Rico and Potosí to its list of endangered sites, owing to "uncontrolled mining operations" that risk "degrading the site".

Price: 1450 USD

Location: Palm Beach Gardens, Florida

End Time: 2024-12-02T00:53:46.000Z

Shipping Cost: 0 USD