Peru 1725-L M 8 escudos

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Aureo sale 242, lot 185
The specimen shown was lot 185 in Aureo y Calico sale 242 (Barcelona, March 2012), where it sold for 6,500 € (about $10,092 including buyer's fees). The catalog description[1] noted,
"Luis I (1724). 1725. Lima. M. 8 escudos. Rev.: L- 8 -M / P - V - A / 7 - 2 - 5. Visible el final del nombre y el ordinal del rey. Buen ejemplar. Extraordinariamente rara. MBC+. (Louis I (1724), eight escudos of 1725, Lima mint. Last letter of the king's name and ordinal visible, nice example, extremely rare, very fine plus.)"
This eight escudos was struck during the brief reign of Louis I. After his death, his father, Philip V, resumed the throne. All coinage with his name is rare and hotly pursued.

Reported Mintage: unknown.

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

Catalog reference: Cayón-9988, KM C85, Cal. 1, Cal.Onza 541.

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]Sisó, Teresa, Eduardo Domingo and Lluís Lalana, Selección de 500 Monedas, Medallas y Billetes, Barcelona: Aureo y Calicó Subastas, 2012.

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