Guatemala 1801-NG M 8 escudos

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Heritage sale 3030, lot 24421
Guatemala 1801 8 escudos rev H3030-24421.jpg

This specimen was lot 24421 in Heritage sale 3030 (New York, January 2014), where it sold for $16,450. The catalog description[1] noted, "Perhaps the Finest Known of the Date Carlos III gold 8 Escudos 1801/797 NG-M, AU-55 NGC. 'M' is for assayer Manuel Eusebio Sanchez. A very pleasant coin with little actual wear. The rarest date of this very rare type. The overdate is most apparent under the "8" digit where the '7' underneath can be clearly seen. Among the best specimens extant for the type, and much superior to the 'La Onza' plate coin. Ex. Haberthuer (SBC 1/996, lot 2590). From The Isaac Rudman Collection of Guatemala Coins." Other dates of this type are known (1794, 1797) but all are rare. Guatemala is the rarest mint for colonial gold.

Recorded mintage: unknown.

Specification: 27.07 g, .875 fine gold, .761 troy oz AGW.

Catalog reference: KM 58, FR-18, Onza-977.

Source:

  • [1]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3030, featuring the RLM Collection, the Isaac Rudman Collection, the Hans Cook Collection and the Collection of Donald E. Bently, Dallas, TX: Heritage Auction Galleries, 2013.
  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, vol. 1, Madrid: Cayón9-Jano S.L., 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.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.

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