Heritage World Coin Auctions
Dallas Signature Sale 3093 28-29 Oct 2021
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Peru
Charles III gold 8 Escudos 1762 LM-JM MS62 NGC, Lima mint, KM68, Cal-1915, Onza-674 (Very Rare). The second and final date of this only two-year bust type, with this issue being notoriously difficult to locate in better states of preservation, let alone in Mint State grades. Interestingly missing from the Norweb, Sellschopp, and Eliasberg collections, this is only the second Mint State-certified specimen we have ever offered, with the Newman example, for comparison, ranking as a mere XF45, and none yet exceeding the current offering in either the NGC or PCGS censuses. Though localized light chatter can be detected under close scrutiny, this is entirely in keeping with the parameters of the assigned designation. Among the coin's more notable qualities is its all-pervasive luster, which wheels freely across the margins, die polish contained within the recesses around the raised features and producing a piece that is very much on the cusp of choice. To date, we are aware of a single other piece tying the coin at hand in terms of technical fineness--the Millennia example (also plated in La Onza)--which brought an incredible $17,500 in 2008.
https://coins.ha.com/itm/peru/charles-iii-gold-8-escudos-1762-lm-jm-ms62-ngc-/p/3093-66024.s?type=DA-DMC-CoinArchives-WorldCoins-3093-10282021
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 8000-10000 USD
Charles III gold 8 Escudos 1762 LM-JM MS62 NGC, Lima mint, KM68, Cal-1915, Onza-674 (Very Rare). The second and final date of this only two-year bust type, with this issue being notoriously difficult to locate in better states of preservation, let alone in Mint State grades. Interestingly missing from the Norweb, Sellschopp, and Eliasberg collections, this is only the second Mint State-certified specimen we have ever offered, with the Newman example, for comparison, ranking as a mere XF45, and none yet exceeding the current offering in either the NGC or PCGS censuses. Though localized light chatter can be detected under close scrutiny, this is entirely in keeping with the parameters of the assigned designation. Among the coin's more notable qualities is its all-pervasive luster, which wheels freely across the margins, die polish contained within the recesses around the raised features and producing a piece that is very much on the cusp of choice. To date, we are aware of a single other piece tying the coin at hand in terms of technical fineness--the Millennia example (also plated in La Onza)--which brought an incredible $17,500 in 2008.
https://coins.ha.com/itm/peru/charles-iii-gold-8-escudos-1762-lm-jm-ms62-ngc-/p/3093-66024.s?type=DA-DMC-CoinArchives-WorldCoins-3093-10282021
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 8000-10000 USD