Description

    Ferdinand VI gold 8 Escudos 1747 Mo-MF AU55 NGC,  Mexico City mint, KM149, Onza-596. Partially lustrous and well preserved with faint wear on the raised devices and well struck features. Very mild planchet striations are seen upon inspection of the obverse yet blend in nicely with the delicate orangish toning with impressive overall eye-appeal. A very rare one-year type struck in Mexico in 1747 from locally engraved dies, as explained in our description of the ex. Rudman example (Heritage Auctions 8/2015, lot 31123 for $40,000) recently sold by us. That coin was certified AU58 NGC and duly considered among the very finest known. The present AU55 NGC example is an additional and similarly significant offering of this iconic and very rare type, with only two finer coins currently listed at NGC.

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    Auction Info

    Auction Dates
    August, 2016
    11th Thursday
    Bids + Registered Phone Bidders: 5
    Lot Tracking Activity: N/A
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    I wish to extend our appreciation to you for over $925,000.00 realized from the above subject auction. This amount realized was approximately $110,000.00 more than we anticipated.
    Federal Deposit Insurance Corporation,
    Newport Beach, CA
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