Spain 1723-Seg F 8 escudos

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Aureo lot 44
Aureo sale 232, lot 173

The first specimen was lot 44 in an Aureo sale of several years ago. Altho this coin is machine struck, the style of this Spanish eight escudos is very reminiscent of the gold cobs being struck in New Spain at the time. All Spanish eight escudos are rare compared to their Latin American counterparts and this issue is no exception. The Segovia issues are extremely rare; the SCWC reports the last sale for this date in 1988. The portrait type was adopted in 1729 and extended to the Mexico City mint in 1732.

The second specimen shown was lot 173 in Aureo y Calicó sale 232 (Barcelona, March 2011), where it sold for 15,000 euros (about $24,750 including buyer's fees). The catalog description[2] noted,
"1723/21/19. Segovia. F. 8 escudos. (Cal. 154). Insignificante golpecito en reverso. Bellísima. Preciosa pátina de monetario. Muy rara y más así. EBC+. (Eight escudos of Segovia, 1723/21/19. Tiny cut on reverse, most beautiful patina, vey rare thus, choice extremely fine.)

Recorded mintage: unknown.

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

Catalog reference: Cayón-9984, KM 326.

Source:

  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, vol. 1, Madrid: Cayón-Jano S.L., 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.
  • [2]Sisó, Teresa, Eduardo Domingo and Lluís Lalana, Selección de 500 Monedas, Medallas y Billetes, Barcelona: Aureo y Calicó Subastas, 2011.

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