Mexico 1777-Mo FM 8 escudos

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Heritage sale 3041, lot 31251
Mexico H3041-31251r.jpg

This specimen was lot 31251 in Heritage sale 3041 (Chicago, August 2015), where it sold for $3,995. The catalog description[1] noted, "Charles III gold 8 Escudos 1777 Mo-FM AU55 NGC, Mexico City mint. Very lustrous with a rather good strike and the usual handling marks for the assigned grade. A tad scarcer date, quite desirable in this preservation, and currently the second highest certified example by NGC. From The Rudman Collection of Mexican Coins." All Mexican colonial gold may be considered scarce. This type, the third showing the bust of Charles III, was struck 1773-88 and is the first type that can be considered reasonably available. This date comes in two varieties; "inverted mintmark" (shown here) and "upright mintmark". The inverted mintmark variety prevailed 1773-1788; the upright mintmark appeared 1772-73 and 1788 only.

Recorded mintage: unknown.

Specification: 27.07 g, .901 fine gold, .784 troy oz AGW.

Catalog reference: KM 156.2, Onza-768.

Source:

  • [1]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World & Ancient Coins Auction 3041, featuring the Eric Beckman Collection of Canadian Coins, the Kaiser Collection of German Gold Coins and the Rudman Collection of Mexican Coins, Part I, Dallas, TX: Heritage Auction Galleries, 2015.
  • 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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