Peru 1770-L JM 4 escudos

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Ponterio sale 161, lot 21335
photo courtesy Stack's-Bowers LLC

This specimen was lot 21335 in Ponterio sale 161 (Chicago, August 2011), where it did not sell. The catalog description[1] noted, "PERU. 4 Escudos, 1770-JM. Lima. EXTREMELY RARE 'Rat-Nosed' hybrid Lima 4 Escudos. Charles III (1759-1788). This EXTREMELY RARE type exhibits a portrait this is unique to the Lima mint. It can best be described as somewhat of a hybrid portrait. While the drapery and armor cuirass used for this bust are typical of the earlier young bust or 'rat-nosed' type, the head is more indicative of a middle aged or older portrait of Charles III, which is normally associated with coinage in the later 1770's-1780's. This portrait was not used by the other Spanish colonial mints, and was only produced at Lima Peru for a very brief period of time. By far the finest example of this type this cataloguer has had the privilege of seeing. Well struck, lustrous and attractive with rich orange gold toning. NGC AU-58." This type is listed for 1768-71; all dates are rare.

Recorded mintage: unknown.

Specification: 13.53 g, .917 fine gold, .399 troy oz AGW.

Catalog reference: Fr-29; KM-71.2; Calico-type-34 #275; Lopez-Chaves Sanchez-42.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • [1]Ponterio, Rick, et al., Ponterio sale 161: The Chicago ANA Auction, Irvine, CA: Stack's-Bowers, LLC, 2011.

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