Peru 1707-L H escudo

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Stack's Bowers 2016 ANA sale, lot 21296
Peru SB816-21296r.jpg

This specimen was lot 21296 in Stack's Bowers ANA sale (Anaheim, CA, August 2016), where it sold for $4,465. The catalog description[1] noted, "PERU. Escudo, 1707-H. Lima Mint. Philip V (1700-46). NGC AU-58. Assayer H. RARE. Reported mintage of 1,341 according to Krause, and the only piece graded at NGC or PCGS. Alluring golden luster leaps from the surfaces in all directions, and provides a vivid reminder of how coinage like this was a central reason for the existence of the Spanish colonial empire. The obverse is struck thirty percent off center, but with a razor sharp date and a crisp clear castle. The reverse is nearly perfectly centered with complete cross potent on all four arms. An elusive type seen far less frequently than the larger gold denominations, and missing from most advanced collections of Peruvian gold." The type was struck in Lima, Peru, 1701-44; the date 1707 is listed for one, four and eight escudos cobs, altho a two escudos is known to exist. Gold coins from colonial Peru are much scarcer than those from Colombian mints. Assayer H is recorded for 1701-10.

Recorded mintage: 1,341.

Specification: 3.383 g, .917 fine gold, this specimen 3.3 g.

Catalog reference: Cayón-9505, Fr-5; KM-27; Cal-Type-97#440.

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.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • [1]Ponterio, Richard, The August 2016 Anaheim ANA Auction: Ancient Coins, World Coins & Paper Money, Irvine, CA: Stack's Bowers LLC, 2015.

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