Stack's Bowers & Ponterio
August 2018 ANA - Sess. A, B, D 14 & 16 Aug 2018
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MEXICO. 8 Escudos, 1774-MoFM. Charles III (1759-88). NGC MS-60.
Fr-33; KM-156.2. The older bust of Charles III, shown here, was introduced in 1772 to mark a debasement from .917 to .901 fine gold. The next debasement in 1786, from .901 to .875 fine, was secret and no design change was executed. A sharply detailed and attractively toned survivor; very choice quality overall for the date (and the single finest graded at NGC!) with a well blended mark on the obverse between the date and the bust that prevents an even higher grade. NGC MS-60.
Estimate: $3000.00- $3600.00
Fr-33; KM-156.2. The older bust of Charles III, shown here, was introduced in 1772 to mark a debasement from .917 to .901 fine gold. The next debasement in 1786, from .901 to .875 fine, was secret and no design change was executed. A sharply detailed and attractively toned survivor; very choice quality overall for the date (and the single finest graded at NGC!) with a well blended mark on the obverse between the date and the bust that prevents an even higher grade. NGC MS-60.
Estimate: $3000.00- $3600.00