LOT #21307 |
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Guatemala: Ferdinand VI gold 8 Escudos 1754G-J,...
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Sold on May 29, 2009 for:
$37,375.00
Bid Source: Live: Phone bidder
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Description
An Extremely Rare 8 Escudos of Ferdinand VI
Ferdinand VI gold 8 Escudos 1754G-J, KM7, Calico 551, XF45 NGC. Possibly the finest known of this very rare issue. This coin is at least a grade higher than the Norweb piece that sold in 1985. And, although it is graded the same as the Eliasberg piece (which realized $46,000 in April 2005) it undoubtedly has better eye appeal with exceptional coppery-gold toning. There is a tiny bit of lamination to the left of the bust.The Guatemalan 8 Escudos were first machine-struck in 1754 during Ferdinand VI's 13-year reign. The machine striking added a rim to the coins that had previously been minted with crude edges--also known as cobs. 1754 was also the first year where the actual bust of Ferdinand VI was used, as opposed to that of Felipe V. As Calico states in his book La Onza that there are very few specimens known, and Krause simply calls it "Rare".
Metal: Gold
Weight: 27.0674g
AGW: 0.798oz
Auction Info
2009 May Long Beach, CA Signature World & Ancient Coin Auction #3005 (go to Auction Home page)
Auction Dates
May, 2009
28th-31st
Thursday-Sunday
Bids + Registered Phone Bidders: 5
Lot Tracking Activity: N/A
Page Views: 3,401
Buyer's Premium per Lot:
15% of the successful bid per lot.
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