Peru 1730-L N 8 escudos

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Stack's Bowers 2018 ANA sale, lot 21444
Peru SB818-21444r.jpg

This specimen was lot 21444 in Stack's Bowers ANA sale (Philadelphia, August 2018), where it did not sell. The catalog description[1] noted, "PERU. 8 Escudos, 1730. Philip V (1700-46). NGC AU-58. Struck on a broad flan with even yellow gold color and surfaces that are without major instances of contact. As is common for these hammered issues, several areas of softness are observed in the strike, however two legible dates are visible, the first above the waves and divided by the pillars of Hercules, while the second (rarely seen) appears between 10 and 11 o'clock at the legend. Close inspection of both confirms this piece as an overdate as well (likely 30/29), with remnants of a '2' visible beneath the '3' on both dates and what appears to be the base of a '9' below the first date's '0'. Sure to draw significant specialist attention as such." This type is recorded for 1710-47. The Mexico City mint was converted to milled coinage in 1732-34 but Lima would not follow suit until 1751.

Recorded mintage: 56,699.

Specification: 27.07 g, .917 fine gold, .798 troy oz AGW, this specimen 26.98 g.

Catalog reference: Cayón-10012, Fr-7; KM-38.2; Cal-Type 6#45.

Source:

  • [1]nterio, Richard, Kyle Ponterio and Chris Chatigny, The August 2018 Philadelphia ANA Auction: World Coins and Selections from the El Dorado Collection of Colombian Coins, Santa Ana, CA: Stack's Bowers LLC, 2018.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, vol. 1, Madrid: Cayón9-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.

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