MEXICO. "Royal" Presentation Cob 4 Reales, 1725-Mo D. Mexico City Mint, Assayer D. Luis I. NGC VF Details--Plugged. KM-42 (plate coin); Cal-31; Pellicer-1472. Weight: 13.06 gms. Two-year type. One of only four examples of the date certified at NGC, inclusive of both Luis I and Philip V. This <strong>EXTREMELY</strong> <strong>RARE</strong> and seldom encountered special presentation issue exhibits a bold even strike with moderate wear. The surfaces display rich mottled gray patina with areas of light coloration in the fields and atop of the devices complemented by a slight iridescent sheen that pops out when tilted in the light. As is commonly encountered on issues of the nature this piece has been holed and plugged at 12 oclock, now subtlety toned over matching the rest of the coin. Though faint, evidence that this monarchs name and ordinal were punched over the previous ruler becomes apparent; "LVDOVICVS/PHILIPPVS" and "I/V". We are aware that some later presentation issues of Philip V, after he became ruler again, are the opposite where it is Philip over Luis. Despite its shortcomings this popular short-live issue has always been a collector favorite, as are all colonial coinage of this ruler, offering much original and is pleasing to the eye. From the Pat Johnson Collection.<p>Ex: Federico Claveria Collection.