Spain 1769-M PJ 1/2 escudo
This specimen was lot 176 in Sedwick sale 11 (Winter Park, FL, April 2012), where it sold for $253. The catalog description noted, "Madrid, Spain, bust 1/2 escudo, Charles III (first bust), 1769PJ. Choice XF+ with hint of luster, no problems." This type was struck at the Madrid and Seville mints 1759-72. Mintages are not recorded but Seville seems to be slightly scarcer than Madrid. Half escudos were first struck in Spain in 1738 and were issued in fairly large numbers until 1788. The issues of 1772-85 are .901 fine, those of 1786-88 are .875 fine. There are a few half escudos known from the reign of Charles IV but they are very rare (KM 433). The issue of half escudos did not begin at the colonial mints until 1814, and then only in small numbers.
Recorded mintage: unknown.
Specification: 1.69 g, .917 fine gold, .050 troy oz AGW. This specimen: 1.7 grams.
Catalog reference: CT-763; KM-389.1, Fr-9.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, vol. 1, Madrid: Cayón9-Jano S.L., 2005.
- Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
- Sedwick, Daniel F., Augi Garcia and Cori Sedwick Downing, Treasure Auction #11, Winter Park, FL: Daniel Frank Sedwick, LLC, 2012.
- 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.