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Mexico City, Mexico, bust 8 escudos, Philip V, 1733F, very rare, choice grade as from the 1733 Fleet

Currency:USD Category:Coins & Paper Money / World Coins - World Start Price:12,500.00 USD Estimated At:15,000.00 - 25,000.00 USD
Mexico City, Mexico, bust 8 escudos, Philip V, 1733F, very rare, choice grade as from the 1733 Fleet
SOLD
17,000.00USDto treasuredude+ (3,060.00) buyer's premium. + applicable fees & taxes.
This item SOLD at 2009 Oct 15 @ 12:25UTC-4 : AST/EDT
All items are genuine unless noted. Most shipwreck coins and artifacts come with a certificate of authenticity (please check the description for each item.

Buyer's fee
18% with Credit or Paypal
15% with check and wire transfer.


Mexico City, Mexico, bust 8 escudos, Philip V, 1733F, very rare, choice grade as from the 1733 Fleet, encapsulated PCGS AU-58. KM-148, CT-123. From a highly celebrated find of 5 specimens by Jack Haskins and D.L. Chaney in the late 1970s on the San José of the 1733 Fleet, this example is highly lustrous, just shy of Mint State but fully original and beautiful. One of the classics of Spanish colonial numismatics, a far inferior sister-coin from the same find was touted in 1979 by Almanzar as "a king in numismatics" and realized $26,660, a near-record price at the time (30 years ago). We can account for the other 3 known specimens from the same find as follows: One is pictured on page 153 of Weller's Galleon Alley (2001); one was featured in the 4th-quarter 2002 issue of PLVS VLTRA newsletter; and the third one was sold by Dan Sedwick to a private collector in 2000. (The whereabouts of up to 5 other reported specimens, not necessarily from the 1733 Fleet, are unknown.) The current piece has only recently come out of hiding and has every right to achieve greater than Almanzar's 1979 record. To our knowledge it is also the only one in a PCGS holder. From the 1733 Fleet and accompanied by a special certificate from Lou Ullian.