1765 MO MF Mexico Charles III Gold Escudos NGC XF40 Mexico City Only 7 Graded

Description

Mexico Ferdinand VI 1758 MO- MM Gold 8 Escudos NGC XF40 Mexico City Mint.only 7 have been certified by NGC
Escudos, 1765 Mo-MF (Mexico City). Draped and stylish Mexican Bust type of Charles III right. Reverse: Crowned House of Bourbon Coat of Arms. Devices softly lustrous and cameo-like. Extraordinarily clean fields for these large gold coins. Rare in all grades, conservatively graded in our opinion by NGC.
"Mexico City, the second largest city in the world today, has a long and important history. It was the capital of the Aztec Empire, and was then known as Tenochitlan. It was founded in 1325. It is situated at an altitude of 7,349 feet, which guaranties its mild climate. Mexico City is located on a small island, and the Aztecs had built numerous causeways connecting the central island of the city to the shoreline. These causeways are the origin of the modern day calzedas which are some of the main avenues of the city today."
This type was struck 1760-71 and is out of the reach of the average collector. Assayers MM and MF are both listed for 1765 with MF being awarded a premium.
Recorded mintage: unknown.
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Capstonecoins
Austin Texas