Stack's Bowers & Ponterio
January 2021 Auction 15-16 Jan 2021
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MEXICO. 8 Escudos, 1747-Mo MF. Mexico City Mint. Ferdinand VI. NGC AU-58.
KM-149; Onza-596. One-year type, struck using locally engraved dies, as those that depicted the new king would not arrive from Madrid until late in 1747. A perfect coin for the grade, this RARITY displays only light, even wear, however the surfaces have avoided significant contact, with no noteworthy marks appearing over either side. Around the edges, warm reddish tone adds character to the coin's otherwise soft orange color. It is the strike however that propels this coin to monumental heights! Unlike most survivors that show incompleteness in Ferdinand's hair, the reverse shield or both, the strike on this piece is even and virtually full, with all intended details being clear for the viewer to observe. For that reason, this coin may very well be the most desirable example of the type extant, with the few higher graded examples that we've seen lacking the design detail or smooth surface quality that appears in this piece. As such, a coin that is unequivocally fit for the collector seeking the finest collection of Mexican type coins.
KM-149; Onza-596. One-year type, struck using locally engraved dies, as those that depicted the new king would not arrive from Madrid until late in 1747. A perfect coin for the grade, this RARITY displays only light, even wear, however the surfaces have avoided significant contact, with no noteworthy marks appearing over either side. Around the edges, warm reddish tone adds character to the coin's otherwise soft orange color. It is the strike however that propels this coin to monumental heights! Unlike most survivors that show incompleteness in Ferdinand's hair, the reverse shield or both, the strike on this piece is even and virtually full, with all intended details being clear for the viewer to observe. For that reason, this coin may very well be the most desirable example of the type extant, with the few higher graded examples that we've seen lacking the design detail or smooth surface quality that appears in this piece. As such, a coin that is unequivocally fit for the collector seeking the finest collection of Mexican type coins.
From the Oro del Nuevo Mundo Collection.
Estimate: $45000.00- $55000.00