Peru 1739-L V 4 escudos

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Heritage sale 3029, lot 30227
Peru 1739 4 escudos rev H3029-30227.jpg

This specimen was lot 30227 in Heritage sale 3029 (New York, January 2014), where it sold for $4,993.75. The catalog description[1] noted, "An Elusive Denomination Felipe V gold Cob 4 Escudos 1739 L-V, AU Details (Mount Removed) NGC. A rare denomination for cob coinage with the present specimen touting an incredibly sharp, well-centered strike that boldly displays the date, denomination and assayer initial on the obverse, and ideally places the cross on the reverse. Close inspection reveals some smoothing on the rim around 6:00 as well as skilled tooling in the obverse and reverse fields that was intended to further sharpen the detail. Still, an immensely desirable type example of which few can say they own an example." This type is recorded for 1702-45. The date is not known with assayer N. The Mexico City mint was converted to milled coinage in 1732-34 but Lima would not follow suit until 1751.

Recorded mintage: 147.

Specification: 13.54 g, .917 fine gold, .398 troy oz AGW, this specimen 13.49 g.

Catalog reference: Cayón-9853, KM-37, Fr-8.

Source:

  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón-Jano S.L., 2005.
  • Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
  • 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.
  • [1]Bierrenbach, Cristiano, Stuart Levine and Bruce Lorich, Heritage World and Ancient Coins Auction 3029, featuring Selections from the Eric P. Newman Collection, Part III, Dallas, TX: Heritage Auction Galleries, 2013.
  • Krause, Chester L., and Colin R. Bruce II, Standard Catalog of World Coins: Spain, Portugal and the New World, Iola, WI: Krause Publications, 2002.

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