Mexico 1807-Mo TH 8 escudos

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Ponterio sale 177, lot 12380
photo courtesy Stacks Bowers LLC

This specimen was lot 12380 in Ponterio sale 177 (Chicago, August 2013), where it sold for $3,290. The catalog description[1] noted, "MEXICO. 8 Escudos, 1807-TH. PCGS MS-62. Charles IV (1788-1808). Lustrous." This type with the bust of Charles IV was struck 1791-1808. If any Mexican colonial gold coin can be called common, this is it.

Occasionally counterfeits made of platinum turn up of this type. These were likely made in the mid-nineteenth century, when the price of platinum was below the price of gold and making such a fake could be profitable.

Recorded mintage: unknown.

Specification: 27.07 g, 0.917 fine gold, .798 troy oz AGW.

Catalog reference: Cayón-14610, Fr-43; KM-159.

Sources:

  • 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.
  • [1]Ponterio, Richard, Ponterio sale 177: The August 2013 Chicago ANA Auction, World Coins, Irvine, CA: Stack's Bowers, LLC, 2013.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.

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