Mexico 1794-Mo FM 2 escudos

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Eliasberg lot 3184
Mexico 1794Mo 2 escudos rev Eliasberg 3184.jpg
Heritage sale 3010, lot 21521
photo courtesy Heritage Auction Galleries

The first specimen was lot 3184 in the Eliasberg sale, where it sold for $862.50. The catalog description[1] noted, "1794 FM 2 escudos. Mexico City mint. AU-58 (NGC). Types as above. A highly lustrous specimen with deep toning on both sides, natural planchet fissure in obverse field before king's portrait. Beautiful. From the John H. Clapp Collection; Clapp estate to Louis E. Eliasberg, Sr., 1942." The second specimen was lot 21521 in Heritage sale 3010 (Boston, August 2010), where it sold for $1,207.50. The catalog description[2] noted, "Carlos IIII gold 2 Escudos 1794-FM, AU53 NGC, highly lustrous and appealing, seldom seen this nice in the market. From the Don Benito Collection of Hispanic Gold."

This type with the bust of Charles IV was struck 1791-1808 and is the most available of Mexican colonial two escudos but is still scarce. Most specimens are in poor shape.

Recorded mintage: unknown.

Specification: 6.77 g, .875 fine gold, .190 troy oz AGW. This specimen: 6.73 grams, 23.30 mm diameter.

Catalog reference: KM 132, Fr-45.

Source:

  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • [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.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • [2]Tucker, Warren, Scott Cordry and John Kraljevich, Heritage Sale 3010: World Coins, Dallas, TX: Heritage Auction Galleries, 2010.

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