Mexico 1745-Mo MF 8 escudos

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Heritage sale 3037, lot 31243
Mexico H3037-31243r.jpg

This specimen was lot 31243 in Heritage sale 3037 (New York, January 2015), where it sold for $10,575. The catalog description[1] noted, "Philip V gold 8 Escudos 1745 Mo-MF MS62 NGC, Mexico City mint. Brilliant Uncirculated with gorgeous and rich toning over very lustrous surfaces. The good cartwheel effect enhances the overall appearance while the few present contact marks are perfectly commensurate for the designation. Examples of this scarce type become quite elusive when approaching Mint State. True Uncirculated coins are very rare, with demand far outstripping the scattered offerings. A perfect type coin for this elusive issue, very rare and most desirable in this lofty preservation and bound to attract serious bidding activity." This eight escudos was one of a series struck 1732-47 during the reign of Philip V (1700-1746). It superseded the gold cobs previously minted.

Recorded mintage: unknown.

Specification: 27.07 grams, .917 fine gold, .798 troy oz AGW.

Catalog reference: Cayón-10082, KM 148, Fr-8, Onza-443.

Source:

  • [1]Bierrenbach, Cristiano, Warren Tucker and Scott Cordry, Heritage Signature Auction 3037, featuring the Empire, the Santa Catarina, the Law and the Santa Maria Collections, Dallas, TX: Heritage Auction Galleries, 2014.
  • 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.

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