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Daniel Frank Sedwick, LLC
Treasure Auction 22  2-3 Nov 2017
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Lot 146

Starting price: 15 000 USD
Price realized: 30 000 USD
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Mexico City, Mexico, bust 1 escudo, Philip V, 1732F, extremely rare, encapsulated NGC MS 61, finest and only specimen in NGC census, ex-Rudman. CT-unl; KM-113. Quite choice in strike on a broad flan, in fact struck so strongly as to impart a minor flaw at rim 1 o'clock, the fields positively resplendent with high luster despite annular friction marks on obverse that appear to be the only reason this coin is not graded higher, nonetheless decidedly the finest known of only four in existence (one permanently impounded in the Banco de Mexico collection), and the only one listed in the NGC census. A gem of a coin whose extreme rarity can be summed up by this statement in CT: "some catalogs list the escudo of the date 1732. [but] we omit [it] for doubt of its existence." NGC #2784567-001. Pedigreed to the Isaac Rudman collection.
($15000-30000)
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