Peru 1709-L M 8 escudos

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Sedwick Treasure auction 26, lot 29

This specimen was lot 29 in Sedwick Treasure Auction 26 (Winter Park, FL, November 2019), where it sold for $11,900. The catalog description[1] noted, "Lima, Peru, cob 8 escudos, 1709M, NGC MS 61, ex-1715 Fleet (designated on special label). Very bold full pillars-and-waves and cross-lions-castles (both slightly off-center), some luster but also with traces of sediment and trace of white, wormy coral on the cross side, no doubling and much legend including king's ordinal V. From the 1715 Fleet (North Colored Beach site), with original Cobb Coin Co. (Fisher) plastic tag and insert-card #NCB3769MO." The type was struck in Lima, Peru, 1701-44. Gold coins from colonial Peru are much scarcer than those from Colombian mints. Assayer H is recorded for 1696-1710. Assayer M is listed for 1709-27.

Recorded mintage: 49,615 including assayer H.

Specification: 27.07 g, .917 fine gold, this specimen 26.96 g.

Catalog reference: S-L28; KM-38.1; CT-20, Cayón-9917.

Source:

  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, vol. 1, 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.
  • [1]Sedwick, Daniel Frank, Augi Garcia and Cori Sedwick Downing, Treasure Auction 26, Winter Park, FL: Daniel Frank Sedwick LLC, 2019.

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