Spain 1774-M PJ 1/2 escudo

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Aureo sale 232, lot 1292
The specimen shown was lot 1292 in Aureo y Calico sale 232 (Barcelona, March 2011), where it sold for 148 euros (about $244 incluidng buyer's fee). The catalog description[1] noted,
"Carlos III (1759-1788). 1774. Madrid. PJ. 1/2 escudo. Leves golpecitos. MBC/MBC+. (Charles III, 1759-88, half escudo of 1774, Madrid mint, rim nicks, very fine.)"
This type was struck in Madrid 1772-85 (KM 415.1) and Seville 1773-83 (KM 415.2) and is not especially rare tho choice specimens are always in demand. 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. Assayer PJ is listed for 1765-81.

Recorded mintage: unknown.

Specification: 1.69 g, .901 fine gold, .049 troy oz AGW.

Catalog reference: KM 415.1, Cal-768, Fr-290.

Sources:

  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón9-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.
  • [1]Sisó, Teresa, Eduardo Domingo and Lluís Lalana, Selección de 500 Monedas, Medallas y Billetes, Barcelona: Aureo y Calicó Subastas, 2011.
  • Krause, Chester L., and Colin R. Bruce II, Standard Catalog of World Coins: Spain, Portugal and the New World, Iola, WI: Krause Publications, 2002.
  • 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.

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