Peru 1707-L H 8 escudos

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Sedwick Treasure Auction 35, lot 58
Sed35-0058r.jpg

This specimen was lot 58 in Sedwick Treasure Auction 35 (Winter Park, FL, May 2024), where it sold for $66,000. The catalog description[1] noted, "PERU, Lima, gold cob 8 escudos, 1707 H, legend ISPANIAR, rare, NGC MS 63 (1715 Fleet Shipwreck Label). Very broad flan with 100% full legends including a very prominent PHILIPPVS V due to contrasting deep-red toning, good full pillars-and-waves and cross-lions-castles, currently second finest in NGC census behind a single MS 64. From the 1715 Fleet, with Sedwick photo-certificate." Gold coins from colonial Peru are much scarcer than those from Colombian mints. Assayer H is recorded for 1696-1709. Cobs were struck at Lima until 1752, twenty years after Mexico City had switched to milled coinage.

Recorded mintage: 112,660.

Specification: 27.07 g, 0.917 fine gold, this specimen 26.96 grams.

Catalog reference: Cayón-9906; S-L25a; KM-38.1; Cal-2113; Fr-7.

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 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.
  • Menzel, Sewall, Cobs, Pieces of Eight and Treasure Coins, New York: The American Numismatic Society, 2004.
  • [1]Sedwick, Daniel Frank, Augi Garcia, Cori Sedwick Downing and Connor Falk, Treasure Auction 35, World, U.S Coins and Paper Money, Winter Park, FL: Daniel Frank Sedwick LLC, 2024.

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