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LOT #31277 |

Current Bid: $165,000

Mexico: Philip V gold "Royal" 8 Escudos 1715 Mo-J MS63 NGC,...

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Current Bid: $165,000 w/ Buyer's Premium (BP) : $198,000.00 Status: No Reserve Live Bid Now

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Description

Finest Certified "Large Rosettes" 1715 8 Escudos - Perhaps Only the Second Known Example

Philip V gold "Royal" 8 Escudos 1715 Mo-J MS63 NGC, Mexico City mint, KM-R57.3 (Rare), Fr-7, Cay-9950, Cal-92, Onza-401 (one known), cf. Sedwick-M30. 27.00gm. Variety with large rosettes in the reverse legend. By José Eustaquio de León. An enormously popular date in the series, not least for its strong ties to the famed 1715 Plate Fleet, with even the by comparison more common cob 8 Escudos from this year bringing marked premiums. For this historic association, however, this specimen bears no evidence whatsoever of any time spent underwater, the strike fresh and gleaming with perhaps only the most minor evidence of die rust or stippling in the center of the royal Spanish shield. Moreover executed to a standard and level of craftsmanship that is plainly only imaginable within this redondo series, hardly a flaw existing anywhere to bound its glorious choice grade--currently the finest for this subvariety. While surrounding dates for this coinage are known to exist in finer technical states, this becomes almost a moot point when considering the rarity of the particular selection presented here--Calico recording only one example of this "large rosettes" variety known in his book La Onza as of 2004 (from different dies), while the date itself was entirely missing from the Norweb, Karon, and Millennia collections. As such quite possibly only the second known example, and a numismatic centerpiece of the entire Mexican colonial series worthy of the utmost place of prominence in its future owner's cabinet.
Ex. Isaac Rudman Collection

Estimate: $200,000 - $300,000.

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Auction Dates

January

21st-22nd Thursday-Friday

Bids + Registered Phone Bidders: 9

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

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Current Bid: $165,000 w/ Buyer's Premium (BP) :
$198,000.00 Status: No Reserve

Secret Maximum Bid Minimum Next Bid: $170,000
($204,000.00 w/ BP)

Current Bid:
$165,000

w/ Buyer's Premium (BP) : $198,000.00 Minimum Next Bid: $170,000 ($204,000.00 w/ BP)

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