Opportunity to add to your colonial collection.....

bidask

https://auctions.stacksbowers.com/lots/view/3-NJT5S/mexico-royal-presentation-8-escudos-1714-mo-j-mexico-city-mint-philip-v-pcgs-ms-66-gold-shield-certified

keyman64

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Zoins

Thanks for posting this! That's a beautiful piece.

Stack's suggests calling this:

the pinnacle of Spanish Colonial numismatics

Here's the TrueView. It's interesting that the TrueView has a more orange appearance while the Stack's photos are more yellow. I've seen this for another gold medal I have where it is more yellow in hand.

It has a great provenance, having previously been owned by Brent Pogue and Don Canaparo.

I like these a lot and there's a dealer Pirate Gold Coins that seems to specialize in Spanish colonial pieces of this era.

I've always wondered who the collectors of these are as I don't see many Spanish colonial gold of this era (cross vs. portrait) posted by collectors online. It's much more common to see later coins with monarch portraits posted by collectors,

And can any of these be traced to circulating in the English / American Colonies or are these more Spanish Colonial coins?

Also, anyone know why this doesn't have the special Brent Pogue insert?

Zoins

Here's the CoinWeek article on this:

https://coinweek.com/auctions-news/the-royal-presentation-escudo-coinage-the-pinnacle-of-spanish-colonial-numismatics/

Was Don Canaparo a specialist / expert in this area given that he said he's examined a number of these?

Regarding the 8 Escudos, according to well-known and highly respected numismatist Don Canaparo (a former owner of the piece), this is the finest example of a 1714 that he had ever seen. Throughout his career, Mr. Canaparo has had the opportunity to handle many of the finest known survivors of some of the most iconic world coins that have come to market.

bidask

@Zoins said:
Thanks for posting this! That's a beautiful piece.

Stack's suggests calling this:

the pinnacle of Spanish Colonial numismatics

Here's the TrueView. It's interesting that the TrueView has a more orange appearance while the Stack's photos are more yellow. I've seen this for another gold medal I have where it is more yellow in hand.

It has a great provenance, having previously been owned by Brent Pogue and Don Canaparo.

I like these a lot and there's a dealer Pirate Gold Coins that seems to specialize in Spanish colonial pieces of this era.

I've always wondered who the collectors of these are as I don't see many Spanish colonial gold of this era (cross vs. portrait) posted by collectors online. It's much more common to see later coins with monarch portraits posted by collectors,

And can any of these be traced to circulating in the English / American Colonies or are these more Spanish Colonial coins?

Also, anyone know why this doesn't have the special Brent Pogue insert?

In addition to Pogue the Millenia sale in 2008 was one of a kind auction.

Zoins

@bidask said:

@Zoins said:
Thanks for posting this! That's a beautiful piece.

Stack's suggests calling this:

the pinnacle of Spanish Colonial numismatics

Here's the TrueView. It's interesting that the TrueView has a more orange appearance while the Stack's photos are more yellow. I've seen this for another gold medal I have where it is more yellow in hand.

It has a great provenance, having previously been owned by Brent Pogue and Don Canaparo.

I like these a lot and there's a dealer Pirate Gold Coins that seems to specialize in Spanish colonial pieces of this era.

I've always wondered who the collectors of these are as I don't see many Spanish colonial gold of this era (cross vs. portrait) posted by collectors online. It's much more common to see later coins with monarch portraits posted by collectors,

And can any of these be traced to circulating in the English / American Colonies or are these more Spanish Colonial coins?

Also, anyone know why this doesn't have the special Brent Pogue insert?

In addition to Pogue the Millenia sale in 2008 was one of a kind auction.

Agree that it's nice to put Millenia on it, though I would also like to see Canaparo's name on the insert.

But either way, adding a line of provenance text shouldn't preclude using the special Pogue insert.

Zoins

Larry Hanks won this in the Millenia sale where it set a record for Latin American gold coins. Hopefully Stack's can add his name to the provenance in the lot description

Here's an article by @Analyst with a quote by @MrEureka!

https://coinweek.com/auctions-news/greatest-world-coin-auction-millennia-collection-part-1-overview-famous-pieces/

Of note, Greg wrote that this weighed 26.94 grams vs. the 26.90 grams indicated by PCGS.

It also upgraded from NGC MS65 in 2008 to PCGS MS66 today.

A star of the Millennia collection is a Spanish-Mexican large gold coin from 1714. It is a specially made 8 Escudos coin. It weighs 26.94 grams, about 0.95 ounce, and is thus lighter than a U.S. Double Eagle ($20 gold coin). This coin is an almost uniform cool, yellow color. It is very rare and of incredibly high quality for a coin from this era. It is graded MS-65 on a scale from 01 to 70. It is more than very attractive. Andy Lustig, an expert in attendance, declares that “it is a fantastic coin, a real gem.” Further, Lustig is “surprised that it brought as much as it did.” Bidding opened at more than $130,000. Three collectors competed with dealer Larry Hanks, who eventually won the contest with a bid of $310,500. I cannot remember a Latin American gold coin selling for more at auction.

ricko

Now that is a beautiful gold coin....We have lost art to commercialism and icon portraits....We, as a modern civilization, have become shallow. Cheers, RickO

Zoins

It was Lot 1083 in Goldberg sale 46 with the following description:

• http://images.goldbergauctions.com/php/lot_auc.php?site=1&sale=46&lot=1083

Lot 1083

Mexico. "Royal" 8 Escudos, 1714-Mo-J. Fr --; cf. KM World Coins, 1700-1800, p. 753; Grove 888. 26.94 grams Philip V, 1700-1746. Crowned arms, value of VIII in field. Reverse: Cross within quadrilobe, angled scepters. Trivial planchet flaw below date, otherwise remarkable centering and strike. Excessively rare. One of the finest known examples. NGC graded MS-65.

This coin the plate coin in Krause, Mishler, et al., Standard Catalogue of World Gold Coins, Fourth Edition, Iola, Wisconsin 20000; "Mexico," p. 756.

Combined in this coin is the "classic" Spanish, and Spanish colonial gold coin. The usual idea of Mexico's "treasure" coins are the crudely struck, thin-flan early coins, or the slightly later, and truly wretched "cob" coinage of the 17th and 18th centuries. Here one sees what a coin from a mineral-rich realm, belonging to a still-significant world power, should look like. Impersonal, and "anonymous," in that there are no portraits displayed, the insignia-laden shield bespeaks of ancient tradition and royal bearing, the large cross implies divine right, and above all, the coin's size and material speak most emphatically of power.

Spain had started making milled coins in 1586, beginning with the Segovia mint, and then off and on with varying quality. By the end of the 17th century, a major portion was being mechanically struck. Such was not the case with the colonies. In Mexico, it wasn't until the 1730's that milled coinage became a regular feature. Thus the "royal," or presentation strikes. These were struck on specially selected, round planchets with special dies - the dies not necessarily having the same designs and inscriptions as those coins of the same date and mintmark in the regular coinage. Some of the better specimens may have well been sent to Spain so that the king could see for himself what fine handiwork was being done at the various mints. On the other hand, for this issue there might be another reason. In 1714 Philip V, who was the first Bourbon king of Spain and a grandson of Louis XIV of France, married the ambitious and strong-willed Elizabeth Farnese as his second consort and queen. Coins such as these might have been among the gifts from the various colonial government seats that were assuredly bestowed on the "happy" newly-wed couple.

Estimated Value $100,000 - 125,000.
Illustrated in Money of the World, coin 148; Ex: Calico.

Realized $310,500

Zoins

Here's a running provenance for this coin:

1. Schulman Coin & Mint, Inc. "Spanish Galleon Treasure" Auction (1972) (mentioned in Stack's 2020)
2. Xavier Calico (assuming "Ex: Calico" in the Goldberg description refers to Xavier) (mentioned in Goldberg 2008)
3. Don Canaparo (mentioned in Stack's 2020)
4. Millennia (Goldberg 2008 Seller)
5. William Lawrence "Larry" Hanks (Goldberg 2008 Buyer)
6. D. Brent Pogue

Jimnight

WOW ... That's nice!

kaz

Holy cow. Beautiful preservation, and a shipwreck piece at that.

PQueue

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