Mexico 1796-Mo FM 8 escudos
Shown is an 1796MoFM eight escudos, one of a type struck 1791-1808. Assayer FM is recorded for the years 1784-1801. The eight escudos is among the more available Mexican colonial gold types though the recent rise in the price of gold has pushed this coin out of the reach of many collectors. This coin was legal tender in the United States, where it was known as a doubloon, and would have traded for $15.50. There is an overdate, 1796/5, recorded for the year. As few can afford to collect this type by date, overdates and other varieties bring little premium, though that may change in the future. Occasionally counterfeits made of platinum turn up of this type. These were likely made in the mid-nineteenth century, when the price of platinum was below the price of gold and making such a fake could be profitable.
Recorded mintage: unknown.
Specification: 27.07 g, 0.875 fine gold, .761 troy oz AGW.
Catalog reference: Cayón-14510, KM 159.
- 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.
Link to:
- 1795 8 escudos
- 1796 ½ real
- 1796 1 real
- 1796 2 reales
- 1796 4 reales
- 1796 8 reales
- 1796 escudo
- 1796 2 escudos
- 1796 4 escudos
- Bolivia 1796-PTS PP 8 escudos
- Chile 1796-So DA 8 escudos
- Colombia 1796-NR JJ 8 escudos
- Colombia 1796-P JF 8 escudos
- Peru 1796-L IJ 8 escudos
- 1797 8 escudos
- Coins and currency dated 1796
- return to Mexican colonial coinage, 1536-1822