Peru 1711-L M escudo
This specimen was lot 48 in Sedwick Auction 37 (Winter Park, FL, May 2025), where it sold for $28,800. The catalog description[1] noted, "PERU, Lima, gold cob 1 escudo, 1711/0 M, rare, NGC MS 65 (1715 Fleet Shipwreck Label), finest known in NGC census, ex-Ubilla-Echevez, ex-Sotheby-Parke-Bernet, ex-Almenara. Broad, oblong flan with pristine surfaces and bold full details, also lustrous, the choice castle side with spots of light red toning, and the cross struck from a slightly rusty die. The overdate, missed by both Christensen and Sotheby-Parke-Bernet, is visible as no more than a round top above the final 1. From the 1715 Fleet, with photo-certificate, pedigreed to the Real Eight Co. consignment as the Ubilla-Echevez Collection (stated on label) in the Christensen auction of October 1964 (lot 159) and in the Sotheby-Parke-Bernet (Los Angeles) auction of June 1973 (lot 592), and pedigreed to the Almenara Collection, also plated in Frank Allen's 1967 The Numismatist article 'Previously Unknown Spanish Gold Coins.'" This type is recorded for 1702-45 and all dates are rare with tiny mintages. The Mexico City mint was converted to milled coinage in 1732-34 but Lima would not follow suit until 1751.
Recorded mintage: 2,027 (including the overdate).
Specification: 3.38 g, 0.917 fine gold, this specimen 3.36 grams.
Catalog reference: Cayón-9517 (overdate), S-L28; Cal-1666; Fr-10; KM-35.
- 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, Connor Falk and Sarah Sproles, Treasure Auction 37, World, U.S Coins and Paper Money, featuring the Almenara Collection of Colonial Peruvian Gold Coins, Winter Park, FL: Daniel Frank Sedwick LLC, 2025.
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