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Lot
30228

Peru: Felipe V gold Cob 8 Escudos 1735 L-N,...

2014 January 14 - 16 Selections From the Eric P. Newman Collection Part III Signature Auction - New York #3029

 
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Auction Ended On: Jan 14, 2014
Item Activity: 6 Internet/mail/phone bidders
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Location: Heritage Auctions
445 Park Avenue, 15th Floor
New York, NY 10022
Description:
1735 Felipe V Cob 8 Escudos
Felipe V gold Cob 8 Escudos 1735 L-N, KM38.2, Fr-7, Calico type 305-311, VF Details (Mount Removed) NGC. The surfaces show modest amounts of circulation and the design is pleasingly placed on a slightly off-round flan. The date, often off the flan or blurred from a shifting strike, shows a bold 7 and 3 with the final numeral being short of sharp. A small flan crack at 11 o'clock is evident. Close inspection of the rim near 6 o'clock reveals two previous mount points, and signals previous usage as a personal keepsake. Despite its imperfections, this example remains desirable as one of the classic types in American numismatics and a true symbol of wealth creation in the "New World". Krause catalog price(s) for this item: $4000 in VF, $5300 in EF.

Please note: Many Krause World Coin catalog prices are updated infrequently. Therefore this information is offered to bidders as a time-saving convenience only. Some Krause prices may be outdated and/or inaccurate due to fluctuating markets, newly discovered hoards, data entry errors (whether on Krause's part or ours) or other factors.

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