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Lot
21900

Mexico: Philip V Portrait gold 8 Escudos 1733-Mo F,...

2009 January New York, NY Signature World Coin Auction #3004

 
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Auction Ended On: Jan 5, 2009
Item Activity: 5 Internet/mail/phone bidders
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Location:

New York, NY

Description:
A Magnificent Portrait 8 Escudos of 1733
Philip V Portrait gold 8 Escudos 1733-Mo F, KM148 (listed as rare), Cayon-10030, Calico-422, MS64 NGC, a majestic coin which, although ever so slightly soft in the centers, evinces a medallic strike, is almost perfectly centered on each side with deep denticled rims, broad on the obverse and serving to offset the magnificent portrait as if in a cameo, while the reverse rims are also sharp but not quite so broad or deep. The color is a well-set, highly eye-appealing medium gold with a rich "patina" look. The dies were ever so slightly porous. The legends are especially bold and as such offer the viewer a dramatic portrayal. The date is super sharp. There is a heavy if short die break on reverse through the legend at 3 o'clock. All in all, this is a great coin!

Felipe V, King of Spain, known as Philip to most of the world, was born at Versailles on December 19, 1683. The first king of the Bourbon dynasty (which rules Spain to this day), he inherited the kingdom from Charles II, who died without an heir. Felipe actually reigned twice, from 1700 to 1724, and then again from 1725 to 1746. He produced a massive and varied coinage, the best of which feature his armored bust, and flowing locks cascading down over his shoulder.

In 1732, the mintage of gold coins was changed at the Mexico City mint from the medieval style featuring a huge cross and the royal crest to the portrait type. The initial dates of 1732 and 1733 are very rare, with only the letter "F" being featured as the assayer's initial (this changed to "MF" in 1734). The specimen we present here is nothing short of amazing, seemingly in better condition than the Cayon plate coin and certainly better centered. Krause simply lists this coin as "Rare" while Calico calls it "Muy Rara" (or Very Rare). The buyer of this wonderful specimen will certainly make a significant addition to his/her collection. Ex Stack's December 8-9, 1988, sale, lot 2466.
From the Deb-Ann Collection.

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