Bolivia 1790-PTS PR 2 escudos

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Heritage sale 3029, lot 30015
Bolivia 1790 2 escudos rev H3029-30015.jpg

This specimen was lot 30015 in Heritage sale 3029 (New York, January 2014), where it sold for $2,350. The catalog description[1] noted, "Carlos IV gold 2 Escudos 1790/89 PTS-PR, XF Details (Planchet Flaw) NGC. A two-year transitional issue with the bust of Carlos III, but with the ordinal of his son and new king, Carlos IV at the legends. This type is very scarce in any grade. It is a clear overdate issue, with two of the loops of the former 8 beneath the 9 in the date. A large flan crack (as made) begins at 7:00 on the obverse, but has limited effect on overall eye-appeal." While silver coins from Bolivia exist in vast quantities, gold from Bolivia is scarce. For the colonial period, Colombia may be regarded as the most prolific issuer, followed by Mexico, followed by Peru. Bolivia, Chile and Guatemala are minor sources. This transitional type was minted 1789-90 and is scarce, tho less so than the four escudos.

Recorded mintage: unknown.

Specification: 6.77 g, .875 fine gold, .190 troy oz AGW.

Catalog reference: KM 66, Fr-8.

Source:

  • [1]Bierrenbach, Cristiano, Stuart Levine and Bruce Lorich, Heritage World and Ancient Coins Auction 3029, featuring Selections from the Eric P. Newman Collection, Part III, Dallas, TX: Heritage Auction Galleries, 2013.
  • 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.
  • Krause, Chester L., and Colin R. Bruce II, Standard Catalog of World Coins: Spain, Portugal and the New World, Iola, WI: Krause Publications, 2002.

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