Peru 1711-L M 2 escudos

Sincona sale 38, lot 1755

This specimen was lot 1755 in Sincona sale 38 (Zurich, May 2017), where it sold for 3,400 CHF (about US$4,078 including buyer's fees). The catalog description^[1] noted,

"Felipe V. 1700-1746 2 Escudos 1711. LM-Lima. Selten in dieser Erhaltung. Vorzüglich. (Peru, Philip V, 1700-46, two escudos of 1711, Lima mint. Rare in this condition, Extremely fine.)"

Assayer M is recorded for 1709-28. Cobs were struck at Lima until 1752, twenty years after Mexico City had switched to milled coinage. This type was struck 1701-16, 1720-23, 1728, 1733-36, 1741, 1744 and is rare, especially with a legible date.

Recorded mintage: 7,367.

Specification: 6.77 g, 0.917 fine gold, .199 troy oz AGW, this specimen 6.77 g.

Catalog reference: Cayón-9656, Fr-9; KM 36.

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.
• Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
• 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.
• Menzel, Sewall, Cobs, Pieces of Eight and Treasure Coins, New York: The American Numismatic Society, 2004.
• ^[1]Jürg Richter, Auction 38, Gold Coins and Medals, Zurich: Sincona AG, 2017.

Link to:

• 1710 2 escudos
• 1711 2 reales
• Mexico 1711-MXo J 2 escudos
• 1711 8 escudos
• 1712 2 escudos
• Coins and currency dated 1711
• return to coins of Peru