Mexico 1784-Mo FM 8 escudos
The first specimen was lot 31360 in Heritage sale 3041 (Chicago, August 2015), where it sold for $1,410. The catalog description noted, "Charles III gold 8 Escudos 1784/3 Mo-FM/F VF35 NGC, Mexico City mint. Wholesome and pleasant for the assigned grade with even wear and no distracting flaws. A decent example of this very scarce overdate variety, usually found in lower preservation, this being the only example currently listed in NGC's census. From The Rudman Collection of Mexican Coins." The second specimen was lot 31261, where it sold for $1,527.50. The catalog description noted, "Charles III gold 8 Escudos 1784 Mo-FM AU53 NGC, Mexico City mint, The usual variety for the date with 'FM' assayer initials. Partially lustrous with attractive surface quality and the usual weak strike in the centers. Very scarce in this preservation. From The Rudman Collection of Mexican Coins." All Mexican colonial gold may be considered scarce. This type, the third showing the bust of Charles III, was struck 1773-88 and is the first type that can be considered reasonably available. This type comes in two varieties; "inverted mintmark" (shown here) and "upright mintmark". The inverted mintmark variety prevailed 1773-1788; the upright mintmark appeared 1772-73 and 1788 only. Assayer FF and FM are both recorded for 1784.
Recorded mintage: unknown.
Specification: 27.07 g, .901 fine gold, .784 troy oz AGW.
Catalog reference: KM 156.2, Onza-781 (overdate), Onza-782 (regular date).
- Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World & Ancient Coins Auction 3041, featuring the Eric Beckman Collection of Canadian Coins, the Kaiser Collection of German Gold Coins and the Rudman Collection of Mexican Coins, Part I, Dallas, TX: Heritage Auction Galleries, 2015.
- Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
- Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.