Lima gold coins 1716-1750

In 1716 the Lima mint undertook the first significant modification of its gold coinage since 1697. Most of these changes proved short-lived, continuing only into 1717 in a simplified form. Changes to the one escudo proved to be permanent. On the two, four, and eight escudos, the pillar side converts its two horizontal dividers from solid lines into dotted lines and adds a further 13-17 dots framing the central letters and digits. It also adds a large many-rayed star above the denomination. The cross side also adds dots, initially 12 with 4 near the center of the cross. The last modification consists of 12 tear-shaped dots (gotas con lagrimas) emerging from the crosslets and creating a “tearful cross”. This familiar religious motif is unambiguous in suggesting a memorial issue.

In May of 1748 the Spanish Crown took control of the Lima mint, removing the previous owner and most of his employees. The new superintendent, Andres de Morales, whose job was to launch the new milled coinage by 1751, allowed several curious modifications of the gold cob coinage in its final years (1748-50). No gold cobs were struck at Lima after Dec. 16, 1750.

LIMA 1750 R Four Escudos – Truly Spectacular

L61. El Peru, LIMA 1750 R  four escudos. NGC "MS 64 EX LUZ". An exceptional near gem media onza recovered from the wreck of Nuestra Senora  de la Luz (1752). Lustrous, mint state, golden surfaces. The highest graded 1750 Lima four escudos. In fact, the highest grade Lima four escudos for the entire 50 year period 1701-1750. A truly spectacular Lima 4 escudos. Before [...]

LIMA 1750 R Four Escudos – Truly Spectacular2019-11-07T12:19:52-07:00

Morales’ Redesign of the Lima Gold Cob Coinage (1749-1750)

A unique double overdate from the famous Eliasberg Collection. It was very rare for onza dies to last into a third year of production, but the unexpectedly large gold mintage (1,574,452 pesos) of 1749 forced the Lima minters to call back into service dies that had been retired. The Lima gold coinage of 1749 is [...]

Morales’ Redesign of the Lima Gold Cob Coinage (1749-1750)2019-10-22T12:39:17-07:00

Lima 1744/3/2 V One Escudo

L 80. Viceroyalty of El Peru, Lima. 1744/3/2 V one escudo. One of two coins known to have survived from a reported mintage of 993 (the other coin is not an overdate). No Lima escudos dated 1741-43 one escudos survive to confirm it, but these dies were probably in service for the better part of [...]

Lima 1744/3/2 V One Escudo2019-10-22T12:34:24-07:00

Lima 1738/7 N Eight Escudos. Finest known.

L38. Viceroyalty of El Peru, Lima 1738/7 N eight escudos. Lustrous near mint state. No mint state 1738 onza have survived. This is the finest of three AU specimen known for this notoriously difficult date. Ironically, 1738 was one Lima's highest production year for escudos, but with no shipwreck or land hoard to preserve some [...]

Lima 1738/7 N Eight Escudos. Finest known.2019-10-22T12:28:06-07:00

Lima 1725/4 M 8 escudos. One year Luis I. NGC Finest

L36. Lima 1725/4 M eight escudos. One year posthumous issue in the name of Philip's son Luis, who had reigned less than 7 months in 1724. Lustrous near mint state, well centered, well struck, and tied for the finest known. NGC AU 55 LUIS I. The young king Luis I died August 31st, 1724, after [...]

Lima 1725/4 M 8 escudos. One year Luis I. NGC Finest2019-11-07T07:52:53-07:00

Lima 1717 M 8 escudos. NGC MS60 Loosdrecht

L92. Viceroyalty of El Peru, Lima 1717 M 8 Escudos. A second mint state example from the VOC merchantman Loosdrecht of the "Tearful Cross" commemorative design of 1716-17. Struck in high relief. Pillars, cross, lions and castles all sharply defined. NGC MS 60 Loosdrecht. Ten examples of the 1717 Lima 8 escudos are known. Seven [...]

Lima 1717 M 8 escudos. NGC MS60 Loosdrecht2019-10-21T15:13:14-07:00
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