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    Description

    Likely the Finest Known 1714 "Royal" 8 Escudos

    Philip V gold "Royal" 8 Escudos 1714 Mo-J MS66 PCGS, Mexico City mint, KM-R57.3 (Rare), Cal-91 (this coin), Onza-397 (same), Cay-9945, cf. Sedwick-M30. 26.90gm. By José Eustaquio de León. A coin which at first glance leaves one very solid impression in the viewer's mind: this is the redondo that all other "Royal" issues dream of being. Upon close in-hand inspection under magnification, the level of attention to detail and precision of execution is simply mind-boggling--each letter and feature of design is rendered with the utmost care and expresses starkly squared-off edges against thickly die polished fields all set upon an essentially perfect flan that extends mildly outside of the borders of the stamp. A specimen whose eye appeal has clearly been received with widespread renown, not only for its use as the plate coin in several standard references, but also in the recognition of its supreme quality for inclusion in such select collections as Millennia, Canaparo, and that of D. Brent Pogue. Almost certainly the finest known, sales of the past few decades have brought to light only a single other example, the Caballero de las Yndias, Ubilla-Sanchez representative, clearly pointing to the fact that even seasoned collectors of the series should not expect to find a more fitting piece for their collections anytime soon.
    Ex. D. Brent Pogue Collection; Millennia Collection (Goldberg Auction 46B, May 2008, Lot 1083) [cover lot]; Don Canaparo Collection; Schulman "Spanish Galleon Treasure" Auction (November 1972, Lot 520) [cover lot]


    Estimate: $250,000 - $300,000.

    Auction Info

    Proxy Bidding Ends
    January
    21st Thursday 5:50 pm CT
    Auction Dates
    January
    21st-22nd Thursday-Friday
    Proxy Bidding Time Remaining
    5 Days 23h 49m 27s
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: 81
    Page Views: 1,232

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    This lot is in: 2 - Signature® Floor Session Platinum Night (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
    (Lots 31001-31326) - 6:00 PM Central Time, Thursday, January 21, 2021.
    (Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live starts 7 days before the live session begins and continues through the session.)

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    Additional Location Info:
    Heritage Auctions
    2801 W. Airport Freeway
    Dallas, TX 75261



    Current Bid:
    $200,000
    Bid Protection
    w/ Buyer's Premium (BP) : $240,000.00 Minimum Next Bid: $210,000 ($252,000.00 w/ BP)
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