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Lot
51936

Guatemala: Carlos III gold 8 Escudos 1768-G,...

2008 May Long Beach Signature World Coin Auction #3000

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Auction Ended On: May 30, 2008
Item Activity: 1 Internet/mail/phone bidders
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Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Lot Viewing:
Room 103B,C (Tuesday Only)
Booth 400 (Wednesday - Saturday)

Auction Room:
Room 103A

Description:
An Outstanding Central American Rarity
Carlos III gold 8 Escudos 1768-G, KM31, Cal. 666, AU. Even though Guatemala became part of colonial Spain in 1541, it never got its Mint until 1733. Initially, minting was very limited and mostly cob gold coins were produced. Similarly a very small quantity of gold doubloons were minted between the years of 1754 and 1768. Most if not all of 8 Escudos minted in Guatemala prior to 1817 are of great rarity. The specimen presented here is a one-year type and features a unique Carlos III bust. This coin has light orange gold with some original luster, nicely struck and great eye appeal. Calico states that "only a few specimens are known". Ex-Eliasberg, from B.Max Mehl's sale of the Thomas W. Voetter Collection, January 1943, Lot 156.
From the Besalú Collection.

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