^Lot 1274 PERU, Lima, gold bust 1 escudo, Charles III, 1770 JM, third bust, very rare, NGC MS 62, finest known

PERU, Lima, gold bust 1 escudo, Charles III, 1770 JM, third bust, very rare, NGC MS 62, finest known in NGC census, ex-Almenara. Cal-1334; Fr-31; KM-72. Very bold full details with ample luster, slightly off-center strike, hybrid bust unique to this mint showing early armor and drapery but older head (note that KM does not distinguish the traditional "rat nose" type from this new third bust), this example one of only four MS-graded examples in the entire Lima bust-type 1E series at NGC. Pedigreed to the Almenara Collection (stated on label).
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