Peru 1712-L M 8 escudos

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Heritage sale 3010, lot 21652
photo courtesy Heritage Auction Galleries

This specimen was lot 21652 in Heritage sale 3010 (Boston, August 2010), where it sold for $9,200. The catalog description[1] noted, "Felipe V gold cob 8 Escudos 1712M, AU55 PCGS, lightly toned with a faint double-strike on the obverse. Rare and highly desirable in this premium quality." Gold coins from colonial Peru are much scarcer than those from Colombian mints. Assayer M is recorded for 1711-27. Cobs were struck at Lima until 1752, twenty years after Mexico City had switched to milled coinage.

Recorded mintage: 51,248.

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

Catalog reference: Cayón-9933, KM 38.2.

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.
  • 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.
  • 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]Tucker, Warren, Scott Cordry and John Kraljevich, Heritage Sale 3010: World Coins, Dallas, TX: Heritage Auction Galleries, 2010.

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