Spain 1787-S CM 8 escudos

Heritage sale 3019, lot 25590

This specimen was lot 25590 in Heritage sale 3019 (Chicago, April 2012), where it sold for $1,840. The catalog description^[1] noted, "Carlos III gold 8 Escudos 1787S-CM, XF45 NGC, considerable mint luster, pleasing yellow-gold surfaces." This type was struck 1786-88 and like all Spanish eight escudos as distinct from Spanish colonial eight escudos, is very rare. It is distinguished by earlier issues of Charles III (1773-84) by being only 0.875 fine instead of 0.901 fine gold.

Recorded mintage: unknown but scarce.

Specification: 27.07 g, 0.875 fine gold, .762 troy oz AGW.

Catalog reference: Cayón-13000, KM 409.2a, Fr-283.

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 Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008. * 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, and Cristiano Bierrenbach, World and Ancient Coins sale 3019, Dallas: Heritage Auction Galleries, 2012.
• Krause, Chester L., and Colin R. Bruce II, Standard Catalog of World Coins: Spain, Portugal and the New World, Iola, WI: Krause Publications, 2002.

Link to:

• 1786-M 8 escudos
• 1786-S 8 escudos
• 1787-Seg 4 maravedis
• 1787-M ½ escudo
• 1787-M escudo
• 1787-S escudo
• 1787-M 2 escudos
• 1787-S 2 escudos
• 1787-M 4 escudos
• 1787-S 4 escudos
• Bolivia 1787-PTS PR 8 escudos
• Mexico 1787-Mo FM 8 escudos
• Peru 1787-L MI 8 escudos
• 1788-S 8 escudos
• Coins and currency dated 1787
• return to Spanish pre-decimal coinage (maravedis, reales and escudos)