Peru 1789-L IJ 4 escudos

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from the Stack's Bowers 2022 NYINC sale, lot 2140
SB122-2140r.jpg

This specimen was lot 2140 in Stack's Bowers NYINC sale (New York, January 2022), where it sold for $4,080. The catalog description[1] noted, "Very Rare and Desirable Transitional Bust 4 Escudos, PERU. 4 Escudos, 1789-LIMA IJ. Lima Mint. Charles III. NGC AU-55+. First year of a three-year type. The only certified example of the date on either the NGC or PCGS population reports. This EXTREMELY RARE and gently circulated survivor is quite attractive and seldom encountered. The strike is bold with signs of handling consistent for the grade displaying lovely golden honey patina. From the Pat Johnson Collection. Acquired via private treaty from Mike Dunigan." This scarce type was struck 1789-91 using the bust of the departed Charles III and the name of Charles IV. The purity was lowered from 0.901 to 0.875 in 1786.

Recorded mintage: unknown.

Specification: 13.53 g, 0.875 fine gold, .380 troy oz AGW.

Catalog reference: Cayón-14313, Fr-37; KM-91; Cal-1450.

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]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The 2022 NYINC Sale: World and Ancient Coins, featuring the Mark and Lottie Salton Collection and the Pat Johnson Collection, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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