Peru 1778-L MJ escudo
This specimen was lot 7319 in Ponterio sale 152 (New York, January 2010), where it sold for $690. The catalog description noted, "PERU. Escudo, 1778-MJ. RARE type. NGC XF-45." While eight escudos from Peru are reasonably available albeit expensive, the smaller gold denominations are all very scarce. The SCWC prices this type very low, but specialists know better.
Recorded mintage: unknown.
Specification: 3.38 g, .901 fine gold, .098 troy oz AGW.
Catalog reference: Fr-35; KM 79.
- Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
- 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.
- Ponterio, Richard, and Kent Ponterio, Ponterio sale 152: The 2010 NYINC Auction, Irvine, CA: Bowers and Merena, 2009.