Peru 1850-L MB 4 escudos
This coin was minted in Lima, Peru, in 1850. The striking of four escudos after independence was erratic; only the dates 1828, 1850 and 1853-55 are known. None are common. This specimen was lot 3567 in the Eliasberg sale, where it sold for $2,990. The catalog description noted, "1850 MB 4 escudos. Lima mint. AU-58 (NGC). Types as above. Medium yellow gold, a few light obverse scratches, rim nick atop obverse, good lustre. From the John H. Clapp Collection; Clapp estate to Louis E. Eliasberg, Sr., 1942."
Recorded mintage: unknown.
Specification: 13.5 g, .875 fine gold, .380 troy oz AGW; this specimen: 13.41 grams, 29.10 mm diameter.
Catalog reference: KM 150.2, Fr-64.
- 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, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.