Peru 1731-L N 8 escudos

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Sincona sale 50, lot 1142
This specimen was lot 1142 in Sincona sale 50 (Zurich, October 2018), where it sold for 3,800 CHF (about US$4,584 including buyer's fees). The catalog description[1] noted,
"Felipe V. 1700-1746. 8 Escudos 1731, LN-Lima. Cob type. 27.16 g. Cayon 10019. Selten und gut ausgeprägt. Leichte Fassungsspuren. Gutes sehr schön. (Peru, Philip V, 1700-46, eight escudos of 1731, Lima mint, cob type. Rare and well struck, Small traces of mounting, Good very fine.)"
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: 36,390.

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

Catalog reference: Cayón-10019, 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]Richter, Jurg, Sincona Jubilee Auction 50, Zurich: SINCONA AG, 2018.

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