Mexico 1790-Mo FM 4 escudos Fr-38

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Heritage sale 3041, lot 31308
Mexico H3041-31308r.jpg

This specimen was lot 31308 in Heritage sale 3041 (Chicago, August 2015), where it sold for $1,175. The catalog description[1] noted, "Charles IV gold 4 Escudos 1790 Mo-FM VF Details (Obverse Scratched) NGC, Mexico City mint. A tad softly struck on the centers and scratched in the bottom of the bust and across the date, yet lustrous in the recessed parts of the legends and with less than the expected wear at this designation. A very rare date for this elusive transitional type, with 5 or 6 known pieces to the cataloguer, and missing in the Banco de Mexico collection. No examples of this date are currently listed in the NGC census. An important coin for the specialist, despite the noted defects. From The Rudman Collection of Mexican Coins." All Mexican colonial gold may be considered scarce. This type of 1789-90 is called "transitional" as it shows the bust of Charles III, who died in January 1788, and the name of his successor, Charles IV. Punches for the portrait of the new king were not used until 1792; in the interim, this design was used.

Recorded mintage: unknown.

Specification: 13.53 g, .875 fine gold, .380 troy oz AGW.

Catalog reference: KM 143.1, Cal-209.

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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