Heritage World Coin Auctions
January Signature Sale 3089 21-22 Jan 2021
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Mexico
Philip V gold "Royal" 8 Escudos 1715 Mo-J MS63 NGC, Mexico City mint, KM-R57.3 (Rare), Fr-7, Cay-9950, Cal-92, Onza-401 (one known), cf. Sedwick-M30. 27.00gm. Variety with large rosettes in the reverse legend. By José Eustaquio de León. An enormously popular date in the series, not least for its strong ties to the famed 1715 Plate Fleet, with even the by comparison more common cob 8 Escudos from this year bringing marked premiums. For this historic association, however, this specimen bears no evidence whatsoever of any time spent underwater, the strike fresh and gleaming with perhaps only the most minor evidence of die rust or stippling in the center of the royal Spanish shield. Moreover executed to a standard and level of craftsmanship that is plainly only imaginable within this redondo series, hardly a flaw existing anywhere to bound its glorious choice grade--currently the finest for this subvariety. While surrounding dates for this coinage are known to exist in finer technical states, this becomes almost a moot point when considering the rarity of the particular selection presented here--Calico recording only one example of this "large rosettes" variety known in his book La Onza as of 2004 (from different dies), while the date itself was entirely missing from the Norweb, Karon, and Millennia collections. As such quite possibly only the second known example, and a numismatic centerpiece of the entire Mexican colonial series worthy of the utmost place of prominence in its future owner's cabinet.
Ex. Isaac Rudman Collection
https://coins.ha.com/itm/mexico/mexico-philip-v-gold-royal-8-escudos-1715-mo-j-ms63-ngc-/a/3089-31277.s?type=CoinArchives3089
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 200000-300000 USD
Philip V gold "Royal" 8 Escudos 1715 Mo-J MS63 NGC, Mexico City mint, KM-R57.3 (Rare), Fr-7, Cay-9950, Cal-92, Onza-401 (one known), cf. Sedwick-M30. 27.00gm. Variety with large rosettes in the reverse legend. By José Eustaquio de León. An enormously popular date in the series, not least for its strong ties to the famed 1715 Plate Fleet, with even the by comparison more common cob 8 Escudos from this year bringing marked premiums. For this historic association, however, this specimen bears no evidence whatsoever of any time spent underwater, the strike fresh and gleaming with perhaps only the most minor evidence of die rust or stippling in the center of the royal Spanish shield. Moreover executed to a standard and level of craftsmanship that is plainly only imaginable within this redondo series, hardly a flaw existing anywhere to bound its glorious choice grade--currently the finest for this subvariety. While surrounding dates for this coinage are known to exist in finer technical states, this becomes almost a moot point when considering the rarity of the particular selection presented here--Calico recording only one example of this "large rosettes" variety known in his book La Onza as of 2004 (from different dies), while the date itself was entirely missing from the Norweb, Karon, and Millennia collections. As such quite possibly only the second known example, and a numismatic centerpiece of the entire Mexican colonial series worthy of the utmost place of prominence in its future owner's cabinet.
Ex. Isaac Rudman Collection
https://coins.ha.com/itm/mexico/mexico-philip-v-gold-royal-8-escudos-1715-mo-j-ms63-ngc-/a/3089-31277.s?type=CoinArchives3089
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 200000-300000 USD