Peru 1750-L R 8 escudos

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Heritage sale 3040, lot 30327
photo courtesy Heritage Auction Galleries

This specimen was lot 30327 in Heritage sale 3040 (Chicago, April 2015), where it sold for $5,405. The catalog description[1] noted, "Ferdinand VI gold Cob 8 Escudos 1750 L-R AU55 NGC, Lima mint, Lustrous with little actual high-point wear albeit double struck and thus with blurry details on the obverse. Probably from the "La Luz" shipwreck albeit not identified as such on the insert. A popular and elusive issue, rare in this technical designation." This type is recorded for 1747-50. The Mexico City mint was converted to milled coinage in 1732-34 but Lima would not follow suit until 1751.

Recorded mintage: 95,433.

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

Catalog reference: Cayón-10860, KM 47, Onza-576 (based on the style of the castles, since the denomination "8" on the reverse is off-flan).

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.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • [1]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage Signature Auction 3040, featuring the Santa Maria, the Alan Dean and the Valley View Life Collections, Dallas, TX: Heritage Auction Galleries, 2015.

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