Spain 1776-M PJ 1/2 escudo
This specimen was lot 21714 in Stack's Bowers ANA sale (Chicago, August 2019), where it sold for $900. The catalog description noted, "SPAIN. 1/2 Escudo, 1776-M PJ. Madrid Mint. Charles III. NGC MS-61. Madrid mint. Sharply struck with soft satin luster." This type was struck in Madrid 1772-85 (KM 415.1) and Seville 1773-83 (KM 415.2) and is not especially rare tho choice specimens are always in demand. Half escudos were struck in metropolitan Spain 1738-97 in considerable numbers and are quite a bit more common than their silver equals, the eight reales. This is opposite from Latin America, where silver pesos were minted in vast quantities but half escudos would not be minted until the reign of Ferdinand VII. Assayer PJ is listed for 1769-79.
Recorded mintage: unknown.
Specification: 1.69 g, .901 fine gold, .049 troy oz AGW.
Catalog reference: Cayón-12176, Fr-290; KM-415.1.
- 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.
- 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.
- Orsini, Matt, Richard Ponterio and Kyle Ponterio, The August 2019 Chicago ANA Auction: World Coins, Santa Ana, CA: Stack's Bowers LLC, 2019.