Heritage World Coin Auctions
Dallas Signature Sale 3085 5-7 Aug 2020
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Mexico
Ferdinand VI gold 8 Escudos 1747 Mo-MF AU53 NGC, Mexico City mint, KM149, Onza-596. An exceedingly rare one-year type struck in Mexico in 1747 from locally engraved dies. This imaginary bust issue was struck after a Royal Ordinance from Madrid was received in Mexico in May of 1747, instructing to change the coinage legends and design for the new King Ferdinand VI. Shortly after its receipt, the interim Director of the Mexico Mint, Andres Morales de los Rios, proposed to the Viceroy Juan Francisco de Guemes that new dies with an imaginary bust representing the new king be produced 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 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 various denominations issued with the imaginary bust of Ferdinand VI were all one-year types. Among these, the large-sized 8 Escudos is the most impressive, though the others are of comparable or sometimes even greater rarity. This example is no exception, displaying an abundance of luster that seems fitting for a piece far beyond its certified grade, and a mild tinge of dark orange in the fields. Mild handling accounts for the assigned grade without detracting from the overall appeal.
https://coins.ha.com/itm/mexico/mexico-ferdinand-vi-gold-8-escudos-1747-mo-mf-au53-ngc-/a/3085-30256.s?type=CoinArchives3085
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 8000-12000 USD
Ferdinand VI gold 8 Escudos 1747 Mo-MF AU53 NGC, Mexico City mint, KM149, Onza-596. An exceedingly rare one-year type struck in Mexico in 1747 from locally engraved dies. This imaginary bust issue was struck after a Royal Ordinance from Madrid was received in Mexico in May of 1747, instructing to change the coinage legends and design for the new King Ferdinand VI. Shortly after its receipt, the interim Director of the Mexico Mint, Andres Morales de los Rios, proposed to the Viceroy Juan Francisco de Guemes that new dies with an imaginary bust representing the new king be produced 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 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 various denominations issued with the imaginary bust of Ferdinand VI were all one-year types. Among these, the large-sized 8 Escudos is the most impressive, though the others are of comparable or sometimes even greater rarity. This example is no exception, displaying an abundance of luster that seems fitting for a piece far beyond its certified grade, and a mild tinge of dark orange in the fields. Mild handling accounts for the assigned grade without detracting from the overall appeal.
https://coins.ha.com/itm/mexico/mexico-ferdinand-vi-gold-8-escudos-1747-mo-mf-au53-ngc-/a/3085-30256.s?type=CoinArchives3085
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 8000-12000 USD