Mexico 1709-MXo J 8 escudos

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Heritage sale 3064, lot 31335
Mexico H3064-31335r.jpg

This specimen was lot 31335 in Heritage sale 3064 (Chicago, April 2018), where it sold for $56,400. The catalog description[1] noted, "Important 1709 Philip V 8 Escudos, A Possible Quasi-'Royal' Presentation Issue. 1709 MXo-J MS63 NGC, Mexico City mint. Entirely lustrous and struck on an exceptionally broad flan, thus receiving more of the die's intended design, with a complete shield, mintmark, assayer initial, denomination and full 1709 date, as well as the added bonus of much of the PHILIPPVS name, which is almost never seen. Similarly impressive on the reverse, the central cross is astoundingly bold and complete, each element in its design rising sharply from the fields. This overall quality makes this coin unique in several respects, one way being that no others are known with a complete four-digit date. Additionally, while no 'Royal' strikes exist for the notoriously crude 1703-1710 period, this coin is easily the closest in appearance, perhaps being the mint's best attempt at a presentation striking (Quasi-Royal?). Whatever the intention, its existence is a marvel, ranking among other most-important findings from the Plate Fleet's recoveries. An opportunity that should be considered 'can't miss' by both Mexican specialists and elite treasure collectors alike! Ex. 1715 Plate Fleet. Selections from the Isaac Rudman Numismatic Cabinet." All Mexican colonial gold may be considered scarce. This type is listed for 1701, 1703, 1708-13. Most specimens lack dates.

Recorded mintage: unknown.

Specification: 27.07 g, .917 fine gold, .798 troy oz AGW, this specimen 36 mm diameter, 26.8 g.

Catalog reference: Cayón-9918, KM 57.1, Cal-101.

Source:

  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón-Jano S.L., 2005.
  • Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
  • 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.
  • Menzel, Sewall, Cobs, Pieces of Eight and Treasure Coins, New York: The American Numismatic Society, 2004.
  • [1]Cristiano Bierrenbach and Warren Tucker, Heritage World Coin Auction 3064, featuring the Doug Robins Collection of Canadian Tokens, Dallas, TX: Heritage Auction Galleries, 2018.

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