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Near-Perfect Pistole of Carlos IV

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Near-Perfect Pistole of Carlos IV

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Details

Spain. 1800-MF 2 escudos or "pistole." Madrid mint. MS-64 (NGC). Splendid and lustrous light yellow gold surfaces show outstanding eye appeal and cartwheel. This has the look of a gem, and looking at this it's easy to wonder if the graders didn't mistake the few long, straight, raised lines in the right obverse field for hairlines instead of the die lines they actually are. No marks are seen, no significant hairlines, just mint frost and bold detail. The dies are lightly clashed on both sides, and some very minor softness is seen on the reverse opposite the highest relief of the obverse portrait (Carlos IV's shoulder). This powerhouse denomination was called a "pistole" in early America. It was small enough to actually circulate and was among the most popular of all gold coins for small-time commercial purposes. Most examples are worn, and those that are around in Mint State tend to be hairlined or bag marked. This is easily the nicest, freshest, frostiest example of this denomination I've ever had. Only six specimens of this entire design type (all Spanish mints) have been certified finer at NGC. This is the single finest certified of this date, and one of only 13 MS-64s certified for the type. While this type is not especially rare in grades like EF or AU (though even at that grade level, specimens with good originality are very tough to find), ones like this are rare as hen's teeth. This is ideal for a type set of world coins that were popular in early America.

Additional Information

Grading Service NGC
Grade MS64
Designation No
Mint Location No
Strike Type Business
Circulated/Uncirc Uncirculated
Grade Add On No
SKU or Cert # 3807847002

Listed below are blog articles related to this product listing, if applicable:

Description

Details

Spain. 1800-MF 2 escudos or "pistole." Madrid mint. MS-64 (NGC). Splendid and lustrous light yellow gold surfaces show outstanding eye appeal and cartwheel. This has the look of a gem, and looking at this it's easy to wonder if the graders didn't mistake the few long, straight, raised lines in the right obverse field for hairlines instead of the die lines they actually are. No marks are seen, no significant hairlines, just mint frost and bold detail. The dies are lightly clashed on both sides, and some very minor softness is seen on the reverse opposite the highest relief of the obverse portrait (Carlos IV's shoulder). This powerhouse denomination was called a "pistole" in early America. It was small enough to actually circulate and was among the most popular of all gold coins for small-time commercial purposes. Most examples are worn, and those that are around in Mint State tend to be hairlined or bag marked. This is easily the nicest, freshest, frostiest example of this denomination I've ever had. Only six specimens of this entire design type (all Spanish mints) have been certified finer at NGC. This is the single finest certified of this date, and one of only 13 MS-64s certified for the type. While this type is not especially rare in grades like EF or AU (though even at that grade level, specimens with good originality are very tough to find), ones like this are rare as hen's teeth. This is ideal for a type set of world coins that were popular in early America.

Additional

Additional Information

Grading Service NGC
Grade MS64
Designation No
Mint Location No
Strike Type Business
Circulated/Uncirc Uncirculated
Grade Add On No
SKU or Cert # 3807847002

Related Blog Article(s)

Listed below are blog articles related to this product listing, if applicable:

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John Kraljevich Americana