Peru 1789-L IJ 2 escudos Fr-38

from Sedwick Auction 37, lot 1248

This specimen was lot 1248 in Sedwick Auction 37 (Winter Park, FL, May 2025), where it did not sell. The catalog description^[1] noted, "PERU, Lima, gold bust 2 escudos, Charles IV transitional (bust of Charles III, ordinal IV), 1789 IJ, rare, NGC VF details / cleaned, ex-Almenara. Very weak bust due to concave flan (as made), the reverse more like XF or better with traces of luster around letters, any marks and hairlines arguably irrelevant at this grade level. Pedigreed to the Almenara Collection." This specimen was lot 1181 in Sedwick Treasure Auction 38 (Winter Park, FL, November 2025), where it sold for $1,200. This type was struck 1789-91 for the new king Charles IV. As there were delays in getting punches for the new bust out to the Latin American mints, the old hubs were used with the new king's name.

Recorded mintage: unknown.

Specification: 6.77 g, 0.875 fine gold, .190 troy oz AGW.

Catalog reference: Cayón-14145, Cal-1255; Fr-38; KM-90.

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.
^[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.

Link to:

Peru 1789-L IJ 2 escudos Fr-38

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