Peru 1727-L M 8 escudos
This specimen was lot 41251 in Stack's Bowers ANA sale (Costa Mesa, CA, August 2021), where it sold for $12,000. The catalog description[1] noted, "Rare Quality Late Date Cob 8 Escudos, PERU. Cob 8 Escudos, 1727-L M. Lima Mint. Philip V. NGC MS-63. The single finest certified of the date on the NGC population report, none finer. This lovely choice uncirculated survivor exhibits a bold strike on a somewhat compact flan displaying a nearly complete full cross and castles and lions with minimal doubling on both sides. A highly sought-after type, especially so in the elite state of preservation sure to excite many advanced collectors." This type is recorded for 1710-47. The Mexico City mint was converted to milled coinage in 1732-34 but Lima would not follow suit until 1751.
Recorded mintage: 60,378.
Specification: 27.07 g, 0.917 fine gold, this specimen 27.00 g.
Catalog reference: KM-38.2; Cal-Type 6 #40, Cayón-9993.
- 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.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, vol. 1, 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.
- Menzel, Sewall, Cobs, Pieces of Eight and Treasure Coins, New York: The American Numismatic Society, 2004.
- [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The August 2021 ANA sale: World and Ancient Coins, Costa Mesa, CA: Stack's Bowers LLC, 2021.
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