Peru 1714-L M 8 escudos

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from the Stack's Bowers 2017 ANA sale, lot 21322
photo courtesy Stack's-Bowers LLC

This specimen was lot 21322 in Stack's Bowers ANA Auction (Denver, CO, August 2017), where it sold for $35,250. The catalog description[1] noted, "PERU. 8 Escudos, 1714/3-M. Philip V (1700-46). PCGS AU-50 Secure Holder. RARE. Great centering, with two full dates. Overdate not noted on PCGS label. Bold details with just a hint of doubling. Lightly toned, choice and attractive. From the Blue Moon Collection." Cob eight escudos were struck at the Lima mint 1701-47 for Philip V of Spain and became the "doubloons" of pirate lore. The overdate is not mentioned in the SCWC but we can't imagine most collectors collecting these by die variety.

Recorded mintage: 40,295.

Specification: 27.07 g, .917 fine gold, .798 troy oz AGW.

Catalog reference: Cayón-9943, Fr-7; KM-38.2; Cal-Type 5#26.

Source:

  • 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.
  • 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.
  • [1]Ponterio, Richard, Kyle Ponterio and Chris Chatigny, The August 2017 Denver ANA Auction: Ancients, Selections from The Richard Stuart Collection & World Coins, Santa Ana, CA: Stack's Bowers LLC, 2017.

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