Peru 1711-L M 8 escudos

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Heritage sale 3010, lot 21651
photo courtesy Heritage Auction Galleries

This specimen was lot 21651 in Heritage sale 3010 (Boston, August 2010), where it sold for $11,500. The catalog description[1] noted, "Felipe V gold cob 8 Escudos 1711M, choice AU-UNC, nicely centered and fully lustrous, a superior example of this extremely popular coinage." Gold coins from colonial Peru are much scarcer than those from Colombian mints. Assayer M is recorded for 1711-27. Cobs were struck at Lima until 1752, twenty years after Mexico City had switched to milled coinage.

Recorded mintage: 64,226.

Specification: 27.07 g, .917 fine gold, .798 troy oz AGW, this specimen 26.95 grams.

Catalog reference: Cayón no. 9927, KM 38.2.

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.
  • Menzel, Sewall, Cobs, Pieces of Eight and Treasure Coins, New York: The American Numismatic Society, 2004.
  • [1]Tucker, Warren, Scott Cordry and John Kraljevich, Heritage Sale 3010: World Coins, Dallas, TX: Heritage Auction Galleries, 2010.

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