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This specimen was lot 1373 in the Eliasberg sale, where it sold for $3,910. The catalog description^[1] noted, "1824 I 1 escudo. Santiago mint. MS-64 (NGC). Types as above. Bright yellow gold with significant reflectivity in the fields. Small planchet flakes are noted from the reverse, as made, and typical for the issue. Sharply struck and very attractive. From the John H. Clapp Collection; Clapp estate to Louis E. Eliasberg, Sr., 1942."

This "crossed flags" type was struck in Santiago, Chile, 1824-34. It was succeeded by the "hand on book" type (KM 99, struck 1838 only) and a "standing liberty" design (KM 101, struck 1839-51). The SCWC records the weight of this coin as 3.3 g; earlier colonial one escudos were nominally 3.38 g.

Recorded mintage: 3,400.

Specification: 3.3 g, .875 fine gold, .093 troy oz AGW, 19 mm diameter; this specimen: 3.33 grams, 19.10 mm diameter.

Catalog reference: KM 85, Fr-36.

Source:

• ^[1]Kraljevich, John, John Pack, Elizabeth O. Piper and Frank Van Valen, The Louis E. Eliasberg, Sr. Collection of World Gold Coins and Medals, Wolfboro, NH: American Numismatic Rarities, 2005.
• 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.

Link to:

• 1822 peso
• 1826 escudo
• 1844 escudo
• Coins and currency dated 1824
• other specimens in The Eliasberg Collection
• return to coins of Chile