Mexico 1732-Mo F 4 escudos

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Heritage sale 3041, lot 31040
Mexico H3041-31040r.jpg

This specimen was lot 31040 in Heritage sale 3041 (Chicago, August 2015), where it sold for $25,850. The catalog description[1] noted,

"Astounding Near Mint State 4 Escudos, The First Milled Date for Mexico. Philip V gold 4 Escudos 1732 Mo-F AU58 NGC, Mexico City mint. Borderline Mint state showing very slight high-point wear, partially lustrous surfaces with scattered contact marks and good eye-appeal. The very rare first date of the issue, and the first regular milled 4 Escudos struck at the Mexico City mint. Less than ten examples have been confirmed by the cataloguer, with a handful of noted public offering in the past 40 years, as follows:

- the Calico plate coin, UNC (ex-Superior 6/1976, lot 2498, for $17,500).

- the present coin, AU58 NGC (ex-Ponterio 6/1985, lot 1, for $23,100), the KM plate coin.

- a coin sold in 1993, UNC (Ponterio 10/1993, lot 149, for $33,000).

- the Eliasberg example, VF, mounted (ANR 4/2005, lot 3084 for $8,050).

- a specimen sold publicly in 2011 (Ponterio 8/2011, lot 21279, VF+ estimated at $20,000).

The cataloguer also notes two confirmed examples of the excessively rare 4 Escudos 1732-Mo with neither assayer initials nor denomination on the reverse, as follows:

- the Calico plate coin. Same coin as No. 1326 in the work Catalogo de la Coleccion Numismatica Emilio Carles Tolra (Barcelona, 1936).

- the example in the Banco de Mexico collection, F.

The single example currently listed in NGC's registry and a superb example of this highly significant rarity, now with the most prestigious pedigree. From The Rudman Collection of Mexican Coins."

All Mexican colonial gold may be considered scarce. This type, the only one showing the bust of Philip V, was struck 1732-47. The years 1732-33 are much scarcer than the rest but none are common.

Recorded mintage: unknown.

Specification: 13.53 g, 0.917 fine gold, .399 troy oz AGW.

Catalog reference: Cayón-9836, Fr-9, KM 135, Cal-237.

Source:

  • [1]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World & Ancient Coins Auction 3041, featuring the Eric Beckman Collection of Canadian Coins, the Kaiser Collection of German Gold Coins and the Rudman Collection of Mexican Coins, Part I, Dallas, TX: Heritage Auction Galleries, 2015.
  • 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 Felipe VI, 1474 a 2020, Barcelona: Aureo & Calicó, 2019.
  • 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.

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