Peru 1711-L M 2 escudos

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Sincona sale 38, lot 1755
This specimen was lot 1755 in Sincona sale 38 (Zurich, May 2017), where it sold for 3,400 CHF (about US$4,078 including buyer's fees). The catalog description[1] noted,
"Felipe V. 1700-1746 2 Escudos 1711. LM-Lima. Selten in dieser Erhaltung. Vorzüglich. (Peru, Philip V, 1700-46, two escudos of 1711, Lima mint. Rare in this condition, Extremely fine.)"
Assayer M is recorded for 1709-28. Cobs were struck at Lima until 1752, twenty years after Mexico City had switched to milled coinage. This type was struck 1701-44 and is rare, especially with a legible date.

Recorded mintage: 7,367.

Specification: 6.77 g, .917 fine gold, .199 troy oz AGW, this specimen 6.77 g.

Catalog reference: Cayón-9656, Fr-9; KM 36.

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.
  • 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.
  • Menzel, Sewall, Cobs, Pieces of Eight and Treasure Coins, New York: The American Numismatic Society, 2004.
  • [1]Jürg Richter, Auction 38, Gold Coins and Medals, Zurich: Sincona AG, 2017.

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