SPAIN. 4 Escudos, 1781/79-M PJ. Madrid Mint. Charles III. NGC MS-63.
Fr-284; KM-418.1; cf. Cal-Type 169#1785. Exceptionally vibrant, this lovely 4 Escudos sparkles throughout with rich orange tone appearing at the far edges. Despite being unlisted as a variety in the Calico reference, close inspection of the date confirms remnants of a 79 beneath the 81. RARE quality, this piece is tied with one other for the finest graded of the date, while it is surpassed by only two others, both graded MS-64, for the entire type!
From the Avrabanel Collection.
Estimate: $1500 - $2500