Spain 1788-M M 8 escudos

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Sincona sale 43, lot 3767

This specimen was lot 3767 in Sincona sale 43 (Zürich, October 2017), where it sold for 1,600 CHF (about US$1,909 including buyer's fees). The catalog description[1] noted,

"SPAIN, Königreich, Carlos III. 1759-1788 8 Escudos 1788. M-Madrid. Sehr schön-vorzüglich. Hübsche Patina. (kingdom of Spain, Charles III, 1759-88, eight escudos of 1788, Madrid mint. Very fine-extremely fine, Attractive patina.)"

This type struck at Lima, Madrid, Mexico, Nuevo Reino, Popayan, Potosi, Santiago and Seville; Madrid is the scarcest. 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.

Specification: 27.07 g, 0.875 fine gold, .762 troy oz AGW, this specimen 26.99 g.

Catalog reference: Cayón-13003, Fr-282; KM-409.1a.

Source:

  • 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, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • 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.
  • [1]Richter, Jürg, Sincona sale 43, Gold and Silver Coins and Medals, Zürich: Sincona AG, 2017.

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