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Stack's Bowers & Ponterio
August 2020 Auction  5-6 Aug 2020
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Lot 21516

Starting price: 3000 USD
Price realized: 5500 USD
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PERU. 8 Escudos, 1762-LM JM. Lima Mint. Charles III. NGC MS-61.
Fr-24; KM-68; Onza-674. Two-year type. Gorgeous quality for the issue, showcasing dazzling luster in the fields and admirable detail within the designs as well. Magnificent orange-gold tone on both sides only serves to embolden the appearance, while a few natural planchet imperfections at the top of the obverse are worthy of mention, but don't significantly distract. VERY RARE in this alluring Mint State, and bested by only one example in the NGC census; that coin, a NGC MS-62, last sold as part of the Millennia Collection in 2008 where it realized in excess of $20,000. Considering the duration between then and now, the present piece present an unquestionably prime opportunity for the type collector to pick up the finest certified example that's been available to the market in well over a decade.

Estimate: $5000.00- $10000.00
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