PERU. Charles III Gold Proclamation Medallic 8 Escudos, 1760-LM. Lima Mint. PCGS AU-58. cf. Med-79; cf. Her-71; cf. Betts-469. Weight: 27 gms. Obverse: Armored bust of Charles III right within corded border, legend around; Reverse: Crowned arms of the city of Lima. Struck in 8 Escudos weight, this <strong>VERY RARE </strong> issue displays a honey gold color with a faint trace of rub on the highest elements. A search of recent auctions turns up no examples of this type in gold, making this piece excessively desirable, even beyond the normal popularity of proclamation medals. Ex: Ford Collection (Stacks 1/2006) Lot # 643.
