Peru 1778-L MJ 4 escudos
This coin was minted in Lima, Peru, of a type struck 1772-89. Later issues (1785-89) were only .875 fine. This specimen was lot 3483 in the Eliasberg sale, where it sold for $2,760. The catalog description noted, "1778 MJ 4 escudos. Lima mint. AU-55 (NGC). Lustrous deep yellow gold with orange highlights, attractive, scattered signs of handling. A rare denomination. From the John H. Clapp Collection; Clapp estate to Louis E. Eliasberg, Sr., 1942."
Recorded mintage: unknown.
Specification: 13.53 g, .901 fine gold, .392 troy oz AGW; this specimen: 13.47 grams, 30.20 mm diameter.
Catalog reference: Fr-33, KM 81.
- Kraljevich, John, John Pack, Elizabeth O. Piper and Frank Van Valen, The Louis E. Eliasberg, Sr., Collection of World Gold Coins and Medals, Wolfboro, NH: American Numismatic Rarities, 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.