Chile 1780-So DA 8 escudos

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Heritage sale 3042, lot 29494
photo courtesy Heritage Auction Galleries

This specimen was lot 29494 in Heritage sale 3042 (Long Beach, September 2015), where it sold for $2,937.50. The catalog description[1] noted, "Charles III gold 8 Escudos 1780 So-DA MS63 NGC, Santiago mint. Choice Mint State with highly lustrous fields and few noticeable surface contact marks thus quite attractive for the assigned grade. Struck from clashed and slightly rough obverse dies as observed of several other specimens of the date (see lot 181 in Aureo's 11/2012 auction or lot 1860 in CNG's 1/2006 auction for two such examples). Very rare and desirable in this technical designation, currently the single finest certified of the type by NGC and a coin that would be most difficult to improve upon." 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. Overdates abound.

Recorded mintage: unknown.

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


Catalog reference: KM 27, Onza-935.

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]Cristiano Bierrenbach, Warren Tucker and David Michaels, Heritage World Coin Auction 3042, featuring the Read and Bob Bennett Collections, Dallas, TX: Heritage Auction Galleries, 2015.

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