Thursday, November 2, 2017

11/2/17 Report - Top Gold Coin Prices For 1715 Fleet Lima 8-Escudo and Bust Mexico One-Escudo. Sebastian Inlet To Turtle Trail Report.


Written by the TreasureGuide for the exclusive use of treasurebeachesreport.blogspot.com.

The Sedwick Treasure Auction went live today.  There were some gold coins that brought very  good  prices.  I picked out a couple of those to post.

First is the 1715 Fleet Lima 8-escudo that I mentioned shortly after the auction catalog went online.  Here it is.  The winning bid was $32,500 with a $5,687 buyers premium added.




Here is the lot description from the Sedwick catalog.

Lima, Peru, cob 8 escudos, 1697H, "PVA" variety, very rare, encapsulated NGC MS 62, finest and only specimen in NGC census, from the 1715 Fleet (designated on label). S-L25; KM-26.2; CT-8. 26.85 grams. Broad flan with good full cross, clear king's ordinal II, bold full crown above full pillars-and-waves, minor peripheral flatness, frosty surfaces. This is one of only six dates (1696-1701) struck under Charles II, whose name on these coins appears simply as "C.II.," which are naturally highly sought for the type. One of two varieties for this date--with and without dots in the motto--but this is the only specimen of either variety in the NGC census. NGC #4485215-002. From the 1715 Fleet.

One of the other high priced gold coins from the first session was a Mexico City bust.  There were a few of those that did very well.

This one is a 1732 one-escudo.  The winning bid was $30,000 plus buyers premium.

Mexico Bust One-Escudo

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.

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Darrel S. sent me the following photos of the Turtle Trail and Seagrape beaches yesterday.  About these beaches he said, Was able to check Wabasso, Sea Grape and Turtle Trail around 4:30pm. Tide was full at 6 on.

Beaches showed some shells but very mushy and heavy amount of dirt.







Darrel also sent the following photos of the beach south of Mclarty and south of the Sebastian inlet today.  About those beaches he said, Polluted river and ocean. Brown water and yellow foam. Hopefully, next week better.

Went to Wabasso, Ambersand, etc. Detected south of inlet, but way too much dirt and nasty water. Low was around 12:30pm.




 Thanks much to Darrel for the photos and report.

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l was in Orlando this morning.  You probably heard about the butcher who sat on the meat grinder and got a little behind in his work.  That is how I was today.

The surf has been small, but will increase up to 3 - 4 feet by Saturday.

Happy hunting,
TreasureGuide@comcast.net