Lot 986
Chile. 8 Escudos, 1764 So-J (Santiago). Fr-11; KM-25. 27.01 grams. Charles III, 1759-1788. "Rat-nose" bust of Charles III right. Reverse: Crowned arms, Order of Golden Fleece around. The centers boldly struck up, with trifling peripheral weakness at 12 o'clock, and a few faint adjustment marks. Very lustrous, the fields proof-like. Very Rare in this grade; the finest known at present. NGC graded AU-58.
The earlier gold coins of Charles III have an exaggerated lengthy nose. This unflattering type, known as the "Rat Nose" type, was produced 1764-1772. Later in his reign, from 1772-1789 (1789 was a posthumous issue), the nose was shortenend. How Charles allowed this unattractive coin to circulate for so many years is odd.
Estimated Value $10,000 - 12,500.
Illustrated in Money of the World, coin 158; Ex: Trigo Collection.
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| Realized $21,850 |
