Chile 1761-So J 8 escudos
This specimen was lot 1339 in the Eliasberg sale, where it sold for $3910. It was one of a series struck 1760-63 in Chile during the reign of Charles III. It bears Charles' name but displays the bust of Ferdinand VI. The mintage is not recorded but 32,000 pieces are noted for 1762. It is not until the appearance of the standard bust type (KM 27) in 1772 that eight escudos become remotely affordable. The catalog description noted, "1761 J 8 escudos. Santiago mint. AU-50 (NGC). Bust of Fernando VI to right, CAROLUS III in legends around, date below/arms, legends around. Lustrous yellow gold, subtle adjustment mark below temple, good eye appeal for the grade. A scarce transitional type. This date is called 'rara' (rare) in Calico."
Specification: 27.07 g, .917 fine gold, .798 troy oz AGW. This specimen: 26.99 grams, 36.00 mm diameter.
Catalog reference: Cayón-12747, Fr-9, Calico Onza-899.
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