Mexico 1864-C CE 8 escudos

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Heritage sale 3094, lot 31046
H3094-31046r.jpg

This specimen was lot 31046 in Heritage sale 3094 (Chicago, August 2021), where it sold for $4,800. The catalog description[1] noted, "Mexico: Republic gold 8 Escudos 1864 C-CE MS62 NGC, Culiacan mint. One of the rarest dates for this assayer at the Culiacan mint, this being one of a paltry two in this top-pop status across NGC and PCGS combined and far finer than the single other example we have offered--a mere XF45--with seemingly no others having come to auction since the sale of that piece in January 2016. Missing from the Eliasberg Collection, although both Gerber and Norweb contained a specimen of the date, their pieces were merely noted as "almost extremely fine" and "good very fine" respectively, seeming to confirm Long's sentiment that only one or two brilliant uncirculated specimens were known to him in 2004. Though typical weakness is present over the hand, cap, and eagle's breast feathers, this is more than made up for by a thick sheen of die polish visible with the naked eye over both sides, situating the coin very much on the cusp of choice. From the WTR Collection." The Culiacan mint struck eight escudos 1846-70 and most dates are reasonably available but are seldom seen in this quality.

Recorded mintage: unknown.

Specification: 27.07 g, 0.875 fine gold.

Catalog reference: Fr-66, KM 383.2, Onza-1841, Long-pg. 351.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
  • 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.
  • Long, Richard A., Gold Coins of the Early Mexican Republic, 1823-1873, North Bend, OR: Wegferd Publications, 2004.
  • [1]Bierrenbach, Cristiano and Warren Tucker, Heritage World and Ancient Coins Auction 3096, featuring the Paramount Collection of World & Ancient Coins, Dallas, TX: Heritage Auction Galleries, 2021.

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