Spain 1724-Seg F 4 escudos

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Aureo sale 232, lot 178

Altho this coin is machine struck, the style of this Spanish eight escudos is very reminiscent of the gold cobs being struck in New Spain at the time. All early Spanish four escudos are rare compared to their Latin American counterparts and this issue is no exception. The Segovia issues are extremely rare; the SCWC lists this date without a price. The portrait type was adopted in 1729 and extended to the Mexico City mint in 1732.

The specimen shown was lot 178 in Aureo y Calicó sale 232 (Barcelona, March 2011), where it sold for 37,000 euros (about $61,050 including buyer's fees). The catalog description[1] noted,
"1724. Segovia. F. 4 escudos. Insignificantes hojitas. Muy bella. Brillo original. Rarísima. EBC. (Four escudos of Segovia, 1724. Tiny flaws, very beautiful with orignal luster; extremely fine.)

Recorded mintage: unknown.

Specification: 13.54 g, .917 fine gold, .399 troy oz AGW.

Catalog reference: Cayón-unlisted, KM 331, Cal-5.

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.
  • 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, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • [1]Sisó, Teresa, Eduardo Domingo and Lluís Lalana, Selección de 500 Monedas, Medallas y Billetes, Barcelona: Aureo y Calicó Subastas, 2011.

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