Chile 1774-So DA 8 escudos

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Aureo sale 261, lot 497
This specimen was lot 497 in Aureo y Calicó sale 261 (Barcelona, July 2014), where it sold for €1,000 (about US$1,604 including buyer's fees). The catalog description[1] noted,
"1774. Carlos III. Santiago. DA. 8 escudos. Levisimas hojitas. Gran parte de brillo original. MBC+/EBC-. (Charles III, 1759-88, eight escudos of 1774, Santiago mint. Light planchet flaws, much luster, very fine to extremely fine.)"
Later issues of this type (1785-89) were struck in gold lowered to .875 fine. This type was struck 1772-89 and is the first type that can be called reasonably available. The government took over the mint in 1770 and enlarged it, increasing production plus the debasement of 1772 likely caused prior issues to be melted. Assayer DA is listed for 1772-1800.

Recorded mintage: 42,000.

Specification: 27.07 g, .901 fine gold, .784 troy oz AGW.

Catalog reference: Cal. 222, Cal. Onza 923, KM 27.

Source:

  • 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.
  • [1]Sisó, Teresa, Eduardo Domingo and Lluís Lalana, Subasta Pública 261, Barcelona: Aureo y Calicó Subastas, 2014.

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