Spain 1754-S PJ 1/2 escudo
This specimen was lot 26014 in Heritage sale 3032 (Chicago, April 2014), where it sold for $705. The catalog description noted, "Ferdinand VI gold 1/2 Escudo 1754 S-PJ, Seville mint, MS64 NGC. Choice Uncirculated and very frosty surfaces, a most charming example of this small gold denomination (equivalent to a silver 8 Reales) which rarely appears in this quality." This type was struck in Madrid 1748-59 (KM 378) and Seville 1747-59 (KM 374) and is not especially rare tho scarcer than later issues of Charles III. Half escudos were struck in metropolitan Spain 1738-97 in considerable numbers and are quite a bit more common than their silver equals, the eight reales. This is opposite from Latin America, where silver pesos were minted in vast quantities but half escudos would not be minted until the reign of Ferdinand VII.
Recorded mintage: unknown but common.
Specification: 1.69 g, .917 fine gold, .050 troy oz AGW.
Catalog reference: Cayón-10672, KM 374, Cal-267.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón-Jano S.L., 2005.
- Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
- 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.
- Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3032, Dallas, TX: Heritage Auction Galleries, 2014.
- Krause, Chester L., and Colin R. Bruce II, Standard Catalog of World Coins: Spain, Portugal and the New World, Iola, WI: Krause Publications, 2002.