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MEXICO, Mexico City, gold cob 8 escudos, 1714 J, struck with Royal dies (both sides), very rare, NGC

Currency:USD Category:Coins & Paper Money / Cobs - Gold Start Price:20,000.00 USD Estimated At:40,000.00 - 80,000.00 USD
MEXICO, Mexico City, gold cob 8 escudos, 1714 J, struck with Royal dies (both sides), very rare, NGC
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MEXICO, Mexico City, gold cob 8 escudos, 1714 J, struck with Royal dies (both sides), very rare, NGC MS 63 (1715 Fleet Shipwreck Label), finest and only example in NGC census, ex-McGregor, Flemming Plate. S-M30; Cal-unl; KM-57.2; Fr-6. 26.92 grams. Rich gold color with muted luster, very choice full cross-and-tressure, the shield also full but very slightly doubled at top left below a choice full crown, bold date in legend and clear oMJ and VIII, the peripheries partially flat and/or beveled as usual but the details clearly sharper than normal and with special elements (like "daggers" in the tressure-dimples) indicative of Royal dies, which Flemming catalogs as Variety 5 and describes as evidence of a stopgap measure after the regular-production dies had failed, now clearly desirable beyond the level of a "normal" 1714, one of only three known by our records. From the 1715 Fleet, with Philip Flemming photo-certificate from 2014 and plated on page 11 of his article "Varieties of the 1714 Mexico City 8 Escudos" in the June 2014 issue of the journal of the U.S. Mexican Numismatic Association (offprint copy included), pedigreed to the McGregor Collection (stated on label).
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