Peru: Philip V Mint Error - Flipover Double Strike gold Cob 8 Escudos 1741 L-V MS62 NGC,...

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$19,800.00 Bid Source: Internet bidder

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Philip V Mint Error - Flipover Double Strike gold Cob 8 Escudos 1741 L-V MS62 NGC, Lima mint, KM38.2, Cal-2159, cf. Onza-329-330 (Rare), Oro Macquino-329-330 (Rare). 26.90gm. A coin which functions as the perfect constellation of rarity, condition, and "uniqueness"--pairing a challenging date with an outstanding technical grade and an intriguing flipover double strike. Already situated atop NGC's census as the finest certified for this year, close inspection would suggest that even this moniker is perhaps a bit conservative, few marks detectable even with magnification, and any perceivable flatness largely the result of the noted double strike. Both sides reveal especially thick die polish lines in the recesses between the raised features, adding to the feel that the coin has been minimally handled since its mintage. Although the details from the reverse die largely obscure several features of the obverse design, such as the mintmaster's initial, traces of the final digit can still be discerned under magnification, and the overall style of the dies is a clear match for other firmly datable 1741 Lima 8 Escudos (see, for comparison, lot 30508 in our August 2020 Auction #3083).

We note that this coin has been misattributed on the holder as an issue of Ferdinand VI, likely due to details from the lion's tail being mistaken for the curve of a 9.

From the WTR Collection

Metal: Gold
Diameter: 32mm
Weight: 27.06g
AGW: 0.7978oz

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