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Mexico City, Mexico, bust 1 escudo, Philip V, 1732F, extremely rare, encapsulated NGC MS 61, finest

Currency:USD Category:Coins & Paper Money / World Coins - Gold Start Price:15,000.00 USD Estimated At:15,000.00 - 30,000.00 USD
Mexico City, Mexico, bust 1 escudo, Philip V, 1732F, extremely rare, encapsulated NGC MS 61, finest
SOLD
30,000.00USDto huancavelica74+ (5,250.00) buyer's premium. + applicable fees & taxes.
This item SOLD at 2017 Nov 02 @ 11:36UTC-4 : AST/EDT
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Mexico City, Mexico, bust 1 escudo, Philip V, 1732F, extremely rare, encapsulated NGC MS 61, finest and only specimen in NGC census, ex-Rudman. CT-unl; KM-113. Quite choice in strike on a broad flan, in fact struck so strongly as to impart a minor flaw at rim 1 o'clock, the fields positively resplendent with high luster despite annular friction marks on obverse that appear to be the only reason this coin is not graded higher, nonetheless decidedly the finest known of only four in existence (one permanently impounded in the Banco de Mexico collection), and the only one listed in the NGC census. A gem of a coin whose extreme rarity can be summed up by this statement in CT: "some catalogs list the escudo of the date 1732... [but] we omit [it] for doubt of its existence." NGC #2784567-001. Pedigreed to the Isaac Rudman collection.