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ANA Signature Sale 3094 19-20 Aug 2021
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Peru
Philip V gold Cob 8 Escudos 1712 L-M MS66 NGC, Lima mint, KM38.2, Cal-2120, Onza-242 (Few examples known), Oro Macuquino-242. 26.94gm. Variety with reverse (obverse as holdered) legend ending ANO 712, and the obverse legend beginning with an X at 12 o'clock. An absolute wonder coin. The opportunity to view a Cob of this quality virtually mandates a review of population figures--if only to confirm how phenomenal this present survivor truly is: of 6,768 Spanish colonial 8 Escudos currently certified by NGC across the countries of Spain, Mexico, Colombia, and Peru, only 14 other entries have graded MS66 or better certification. Yet while such numbers seem impressive on their own, closer examination reveals that this coin may be one-of-a-kind. The only MS66★ which NGC records under Spain is a milled issue. Of the 8 Escudos in this grade tier under Mexico, the one MS66★, three MS67's, and 6 of the 8 MS66's are Royal issues. Finally, just one, machine-made MS66 from Colombia is known at the same service. As such, it is hardly a stretch to say the selection here stands alone. Closer inspection reveals gold foil-like surfaces supporting mountainous reliefs, barely obscured by a minor die shift. Handling is entirely absent from what is comparatively a quite full and regular flan, leaving a coin that will certainly impress even the most discerning collector. What's more, Calicó recounts this particular variety to only be known from a few examples. In total, this offering far exceeds all other Peruvian (and Spanish colonial, in fact) 8 Escudos Cobs in terms of status, and we can think of no better piece to deem as the undisputable jewel of the WTR Collection.
https://coins.ha.com/itm/peru/peru-philip-v-gold-cob-8-escudos-1712-l-m-ms66-ngc-/a/3094-31053.s?type=CoinArchives3094
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 40000-60000 USD
Philip V gold Cob 8 Escudos 1712 L-M MS66 NGC, Lima mint, KM38.2, Cal-2120, Onza-242 (Few examples known), Oro Macuquino-242. 26.94gm. Variety with reverse (obverse as holdered) legend ending ANO 712, and the obverse legend beginning with an X at 12 o'clock. An absolute wonder coin. The opportunity to view a Cob of this quality virtually mandates a review of population figures--if only to confirm how phenomenal this present survivor truly is: of 6,768 Spanish colonial 8 Escudos currently certified by NGC across the countries of Spain, Mexico, Colombia, and Peru, only 14 other entries have graded MS66 or better certification. Yet while such numbers seem impressive on their own, closer examination reveals that this coin may be one-of-a-kind. The only MS66★ which NGC records under Spain is a milled issue. Of the 8 Escudos in this grade tier under Mexico, the one MS66★, three MS67's, and 6 of the 8 MS66's are Royal issues. Finally, just one, machine-made MS66 from Colombia is known at the same service. As such, it is hardly a stretch to say the selection here stands alone. Closer inspection reveals gold foil-like surfaces supporting mountainous reliefs, barely obscured by a minor die shift. Handling is entirely absent from what is comparatively a quite full and regular flan, leaving a coin that will certainly impress even the most discerning collector. What's more, Calicó recounts this particular variety to only be known from a few examples. In total, this offering far exceeds all other Peruvian (and Spanish colonial, in fact) 8 Escudos Cobs in terms of status, and we can think of no better piece to deem as the undisputable jewel of the WTR Collection.
https://coins.ha.com/itm/peru/peru-philip-v-gold-cob-8-escudos-1712-l-m-ms66-ngc-/a/3094-31053.s?type=CoinArchives3094
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 40000-60000 USD