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Description

1837 Peruvian 8 Escudos

Iconic One-Year Type

South Peru. State gold 8 Escudos 1837 CUZCO-BA, KM167, Fr-92, MS62 NGC. An iconic state-issue and a single-year type, this example shows FEDERACION along the reverse legend before it was changed later in 1837 to CONFEDERACION. As is common iconography on Latin American coinage, the sun face is displayed on the obverse with flags splayed to the left and right. The reverse, one of the most impressively engraved designs of the era, depicts the intricate compilation of a building, a volcano and a cornucopia in the foreground with a sailing ship behind it. Unlike many of the surviving examples, the present was rendered on a sound flan without even the hint of the laminations that so often plague the issue. The strike, another common malady, is near full with crisp peripheral lettering on both sides, an impressively sharp wreath on the reverse and only trivial loss on the highest volcano peak. Mild field reflectivity, a definite plus for the eye appeal, rounds out the appeal.

Ex: "Colonel" E.H.R. Green; Green Estate' Partnership of Eric P Newman / B.G. Johnson.

Metal: Gold
Weight: 27g
AGW: 0.7595oz


View Certification Details from NGC

Auction Info

Auction Dates
January, 2014
14th-16th Tuesday-Thursday
Bids + Registered Phone Bidders: 33
Lot Tracking Activity: N/A
Page Views: 1,519

Buyer's Premium per Lot:
17.5% of the successful bid per lot.

Truth Seeker: The Life of Eric P. Newman (softcover)
A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
Sold on Jan 14, 2014 for: $15,275.00
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