Mexico 1788-Mo FM 4 escudos

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Heritage sale 3020, lot 24406
photo courtesy Heritage Auction Galleries
Heritage sale 3041, lot 31226
note inverted initials

The first specimen was of lot 24406 in Heritage sale 3020 (Long Beach, September 2012), where it sold for $793.13. The catalog description[1] noted, "Carlos III gold 4 Escudos 1788-FM, VF35 NGC, scarce type. Variety with upright initials. A bit weakly struck, but evenly worn and attractive." The second specimen was lot 31226 in Heritage sale 3041 (Chicago, August 2015), where it sold for $646.25. The catalog description[2] noted, "Charles III gold 4 Escudos 1788 Mo-FM XF Details (Scratches) NGC, Mexico City mint. Lustrous and well-detailed, with a few abrasions to the right of the bust, per the insert, yet still attractive. The scarcer subvariety of this date with the mintmark and assayer initials aligned with the rest of the reverse legend. From The Rudman Collection of Mexican Coins." The type was struck in Mexico 1773-88, and tho less rare than the "rat nose" type of 1762-71, is still expensive.

Recorded mintage: unknown.

Specification: 13.54 g, 0.875 fine gold, .760 troy oz AGW.

Catalog reference: Cayón-12725, KM 142.1a, Fr-34 (upright initials), Cayón-12726, KM 142.2a, Cal-346 (inverted initials).

Source:

  • 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 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]Tucker, Warren, and Cris Bierrenbach, Heritage Signature Auction 3020: World Coins, Dallas, TX: Heritage Auction Galleries, 2012.
  • [2]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.

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