Mexico 1734-Mo MF 4 escudos
This specimen was lot 30214 in Heritage sale 3029 (New York, January 2014), where it sold for $3,525. The catalog description noted, "Early Bust Issue of Mexico Felipe V gold 4 Escudos 1734 Mo-MF, XF45 NGC. A scarce date and denomination. Vibrant russet-orange patina highlights much of the peripheral letters and central devices. Evidence of circulation is apparent on the central devices, but it remains evenly spread and adds a charming aged look to the appearance. No post-strike marks of any significance can be noted; however, two tiny planchet laminations do exist around the obverse dentillation. A coin with choice eye appeal for the grade." All four escudos of this king are rare and expensive. This type was struck in Mexico 1732-46 and is the only colonial type featuring the bust of Philip V. The other Latin American mints (Lima, Potosi) were still striking cobs, so the only other mints using this portrait were in Spain proper.
Recorded mintage: unknown.
Specification: 13.53 g, .917 fine gold, .399 troy oz AGW.
Catalog reference: Cayón-9844, KM-135.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, vol. 1, Madrid: Cayón-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.
- Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
- Bierrenbach, Cristiano, Stuart Levine and Bruce Lorich, Heritage World and Ancient Coins Auction 3029, featuring Selections from the Eric P. Newman Collection, Part III, Dallas, TX: Heritage Auction Galleries, 2013.