Heritage World Coin Auctions
ANA Signature Sale 3041 Sess. 1-3 13 August 2015
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Mexico
Ferdinand VI gold 8 Escudos 1747 Mo-MF AU58+ NGC, Mexico City mint, KM149, Onza-596. A coin with superb eye-appeal, alluringly close to Mint State with the faintest high-point friction evidence and gorgeous reddish toning over attractively preserved surfaces that show very few contact marks. This imaginary bust issue was struck after a Royal Ordinance sent from Madrid on July 31, 1746 – and instructing to change the coinage legends and design for the new King Ferdinand VI – was received in Mexico in May that year. Shortly after its receipt, the interim Director of the Mexico Mint Andres Morales de los Rios proposed to the Viceroy Juan Francisco de Guemes the production of new dies with an (imaginary) bust representing the new king while new instructions (and punches of the new king's bust) were received from Spain. The ordinance instructing the new imaginary bust coinage bearing the legends of the new king Ferdinand VI was passed on May 29, 1747 (see AGN Mexico, Casa de Moneda, Vol. 87). Since the new punches with the correct Ferdinand VI bust engraved in Madrid were received at the end of 1747, the different denominations issued with the imaginary bust of Ferdinand VI were all one-year types. Among these, the larger 8 Escudos is obviously the more famous one yet the others are of comparable or even greater rarity. The Rudman collection is the first to complete set of them, a clearly difficult task in itself. That most of these coins are additionally in unusually fine preservation renders the achievement truly incredible. As such, it ought to be remembered as a landmark offering of Mexican numismatics. Among the very finest seen of this rare issue, and currently the single finest example certified by NGC. The cataloguer notes an inferior example selling for E33,000 plus commission in 2014 (Vico 6/2014, lot 437).Ex. Kurt Homme (Christie's 11/1981, lot 575 for the CHF equivalent of $28,552)From The Rudman Collection of Mexican Coins
Estimate: 30000-40000 USD
Ferdinand VI gold 8 Escudos 1747 Mo-MF AU58+ NGC, Mexico City mint, KM149, Onza-596. A coin with superb eye-appeal, alluringly close to Mint State with the faintest high-point friction evidence and gorgeous reddish toning over attractively preserved surfaces that show very few contact marks. This imaginary bust issue was struck after a Royal Ordinance sent from Madrid on July 31, 1746 – and instructing to change the coinage legends and design for the new King Ferdinand VI – was received in Mexico in May that year. Shortly after its receipt, the interim Director of the Mexico Mint Andres Morales de los Rios proposed to the Viceroy Juan Francisco de Guemes the production of new dies with an (imaginary) bust representing the new king while new instructions (and punches of the new king's bust) were received from Spain. The ordinance instructing the new imaginary bust coinage bearing the legends of the new king Ferdinand VI was passed on May 29, 1747 (see AGN Mexico, Casa de Moneda, Vol. 87). Since the new punches with the correct Ferdinand VI bust engraved in Madrid were received at the end of 1747, the different denominations issued with the imaginary bust of Ferdinand VI were all one-year types. Among these, the larger 8 Escudos is obviously the more famous one yet the others are of comparable or even greater rarity. The Rudman collection is the first to complete set of them, a clearly difficult task in itself. That most of these coins are additionally in unusually fine preservation renders the achievement truly incredible. As such, it ought to be remembered as a landmark offering of Mexican numismatics. Among the very finest seen of this rare issue, and currently the single finest example certified by NGC. The cataloguer notes an inferior example selling for E33,000 plus commission in 2014 (Vico 6/2014, lot 437).Ex. Kurt Homme (Christie's 11/1981, lot 575 for the CHF equivalent of $28,552)From The Rudman Collection of Mexican Coins
Estimate: 30000-40000 USD