Peru 1738-L N escudo
This specimen was lot 39526 in Stack's Bowers Winter sale (Baltimore, November 2015), where it sold for $998.75. The catalog description noted, "PERU. Escudo, 1738-LN. NGC EF Details--Plugged. With a mintage of 807 coins, not likely another example will be encountered anytime soon. Repaired as indicated on the holder, but with generous amounts of remaining detail. A real opportunity for the specialist in early Peruvian gold coinage." This type is recorded for 1702-45 and all dates are rare with tiny mintages. The Mexico City mint was converted to milled coinage in 1732-34 but Lima would not follow suit until 1751.
Recorded mintage: 807.
Specification: 3.38 g, .917 fine gold, .099 troy oz AGW.
Catalog reference: Cayón-9589, Fr-10; Cal-type-97#469; KM-35.
- 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.
- Ponterio, Richard, and Todd McKenna, The November 2015 Baltimore Auction, World Coins and Paper Money, featuring the Ray Czabor Collection and selections from the Strong Museum, Santa Ana, CA: Stack's Bowers LLC, 2015.