Peru 1718-L M 8 escudos

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Heritage sale 3030, lot 24763
photo courtesy Heritage Auction Galleries

This specimen was lot 24763 in Heritage sale 3030 (New York, January 2014), where it sold for $10,575. The catalog description[1] noted, "Felipe V gold Cob 8 Escudos 1718-M, AU53 NGC, lightly toned with perfect obverse centering, a most attractive example of this popular series. The King's name is quite bold in the reverse legend." Cob eight escudos were struck at the Lima mint 1701-47 for Philip V of Spain and became the "doubloons" of pirate lore.

Recorded mintage: 65,657.

Specification: 27.07 g, .917 fine gold, .798 troy oz AGW, this specimen 26.9 grams.

Catalog reference: Cayón-9962, Fr-7; KM-38.2.

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]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3030, featuring the RLM Collection, the Isaac Rudman Collection, the Hans Cook Collection and the Collection of Donald E. Bently, Dallas, TX: Heritage Auction Galleries, 2013.

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