Peru 1735-L N escudo

from Sedwick Auction 37, lot 54

This specimen was lot 54 in Sedwick Auction 37 (Winter Park, FL, May 2025), where it sold for $5,400. The catalog description^[1] noted, "PERU, Lima, gold cob 1 escudo, 1735/4 N, extremely rare, NGC UNC details / holed, finest and only example in NGC census, ex-Almenara. Very broad flan with choice full details including strong overdate above the peripheral hole (otherwise lacking any wear or damage), patch of red staining on cross side, first example we have seen or heard of (possibly unique, missing in Calicó and KM in any case). Note the teardrop-then-dot ornaments seen on the previous lots are now mixed with large X's, as they will remain for the rest of the Philip V type. Pedigreed to the Almenara Collection (stated on label)." This type is recorded for 1702-45 and all dates are rare with tiny mintages. The Mexico City mint was converted to milled coinage in 1732-34 but Lima would not follow suit until 1751.

Recorded mintage: unknown.

Specification: 3.38 g, 0.917 fine gold, this specimen 3.35 grams.

Catalog reference: Cayón-unlisted, S-L29; Cal-unl (Type 197); Fr-10; KM-35 (unlisted date).

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.
• Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
• Menzel, Sewall, Cobs, Pieces of Eight and Treasure Coins, New York: The American Numismatic Society, 2004.
• ^[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 Luis R. Ponte collection, the Jorge Becerra Collection and the John M. O'Brien collection, Winter Park, FL: Daniel Frank Sedwick LLC, 2025.

Link to:

• 1733 escudo
• 1735 4 reales
• Mexico 1735-Mo MF escudo
• 1735 8 escudos
• 1738 escudo
• Coins and currency dated 1735