Spain 1750-M JB 8 escudos

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Eliasberg lot 2099
Spain 1750M 8 escudos rev Eliasberg 2099.jpg
This specimen was lot 2099 in the Eliasberg sale, where it sold for $17,250. The catalog description[1] noted,
"1750 JB 8 escudos. Madrid mint. EF details (NCS). Armored bust of Fernando VI to right, legends and date around/crowned arms, legends around. Medium yellow gold, very bright from polishing and now reflective in the fields. Never mounted, excellent sharpness, no significant marks. An extremely rare issue, the only Madrid mint production under Ferdinand VI to use this portrait bust. Calico notes that only a few specimens exist, and KM gives this variety a separate number and does not price it in any grade. An EF specimen (European EF, considerably better than this specimen, the plate coin in the new Calico edition) brought $28,160 in a 1999 Michel Durr auction. As rare as this issue is, this specimen should see strong bidding. Purchased from Watkins Coin Company, July 1943."
All Spanish eight escudos are rare compared to their Latin American counterparts and this issue is no exception. This type was struck only in Madrid and only in 1750 and is very rare.

Recorded mintage: unknown.

Specification: 27.07 g, .917 fine gold, .798 troy oz AGW; this specimen: 26.95 grams 36.30 mm diameter.

Catalog reference: Cayón-10861, Fr-269, Calico Onza-595, KM 385.

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.
  • [1]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.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.

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