Stack's Bowers & Ponterio
August 2021 ANA Auction 16-21 Aug 2021
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PERU. 4 Escudos, 1770-LM JM. Lima Mint. Charles III. NGC AU-58.
Fr-29; KM-71.2; Cal-type-34#275. This EXTREMELY RARE type exhibits a portrait that is unique to the Lima mint. It can best be described as somewhat of a hybrid portrait. While the drapery and armor cuirass used for this bust are typical of the earlier young bust or "rat-nosed" type, the head is more indicative of a middle aged or older portrait of Charles III, which is normally associated with coinage in the later 1770s-1780s. This portrait was not used by the other Spanish colonial mints and was only produced at Lima, Peru for a very brief period of time.
Estimate: $12000 - $16000
Fr-29; KM-71.2; Cal-type-34#275. This EXTREMELY RARE type exhibits a portrait that is unique to the Lima mint. It can best be described as somewhat of a hybrid portrait. While the drapery and armor cuirass used for this bust are typical of the earlier young bust or "rat-nosed" type, the head is more indicative of a middle aged or older portrait of Charles III, which is normally associated with coinage in the later 1770s-1780s. This portrait was not used by the other Spanish colonial mints and was only produced at Lima, Peru for a very brief period of time.
Estimate: $12000 - $16000