Mexico 1760-Mo MM 4 escudos

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Eliasberg lot 3141
Mexico 1760Mo 4 escudos rev Eliasberg 3141.jpg
This specimen was lot 3141 in the Eliasberg sale, where it sold for $19,550. The catalog description[1] noted,
"1760 MM 4 escudos. Mexico City mint. EF-40 (NGC). Types as above. Medium gold with some toning highlights and good even eye appeal. A very rare type on this denomination, this bust missing from Gerber and the Iovino sale of 2000 and represented by a similar but less boldly struck coin in Norweb. An important rarity that has not been sold publicly since 1935. From J.C. Morgenthau and Co. (Wayte Raymond)'s sale of the Waldo C. Newcomer collection, February 1935, Lot 392 (plated, 'Ex. fine and rare,' $105); John H. Clapp Collection; Clapp estate to Louis E. Eliasberg, Sr., 1942."

This very rare type was struck 1760-61 and is the first of three busts of Charles III. It is the rarest colonial four escudos after the 1747 "imaginary bust."

Recorded mintage: unknown.

Specification: 13.54 grams, .917 fine gold, .399 troy oz AGW. This specimen: 13.45 grams, 31.10 mm diameter.

Catalog reference: Cayón-12573, KM 140, Fr-26.

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.
  • Harper, David C. [Ed.], North American Coins & Prices, 17th Ed., Iola, WI: Krause Publications, 2007.
  • [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.

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