Peru 1712-L M 8 escudos
This specimen was lot 21652 in Heritage sale 3010 (Boston, August 2010), where it sold for $9,200. The catalog description noted, "Felipe V gold cob 8 Escudos 1712M, AU55 PCGS, lightly toned with a faint double-strike on the obverse. Rare and highly desirable in this premium quality." Gold coins from colonial Peru are much scarcer than those from Colombian mints. Assayer M is recorded for 1711-27. Cobs were struck at Lima until 1752, twenty years after Mexico City had switched to milled coinage.
Recorded mintage: 51,248.
Specification: 27.07 g, .917 fine gold, .798 troy oz AGW.
Catalog reference: Cayón-9933, KM 38.2.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón-Jano S.L., 2005.
- Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
- Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
- Tucker, Warren, Scott Cordry and John Kraljevich, Heritage Sale 3010: World Coins, Dallas, TX: Heritage Auction Galleries, 2010.