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<p>[QUOTE=&quot;Gallienus, post: 3200141, member: 42034&quot;]Thanks for the comments.&nbsp; Very nice Escudo of Cuzco, Peru, 1840-A. I should add that I like this design very much --perhaps due to never finding a decent Standing Liberty Quarter for 20 years while a US collector?**&nbsp; Also one auction where I went in person but made the error of buying too little was the Millenium Auction in Los Angles in 2008.&nbsp; There I inspected in person and bought the PCGS-62 Cuzco 1840-A, 8 escudos. It has similar proof-like surfaces to your 1 Es.&nbsp; It&#039;s my personal belief that these coins are always undergraded by the slabbers compared with USA gold coins.&nbsp; My 1840-Cz has no friction/ wear, no hairlines, no major marks yet is only a 62!!!??&nbsp;&nbsp; I also attempted to buy the Peru ms gold in Eliasberg in 2005 but this short fat guy bought every single one.</p><p><br /></p><p>I also attempted to do an analysis of mintages of these things in gold.&nbsp; My guess is these coins were made for very limited Peruvian Gov&#039;t salaries in gold.&nbsp; Or maybe they just had gold in the region and coined it into something so as to get the gold assay, coining fee, and taxes paid?&nbsp;&nbsp; </p><p><br /></p><p>Very nice coin: I only have a circ 1 Es from Peru but it&#039;s the rare date 1850 in pcgs-58.&nbsp; I think it&#039;s the Hammel coin which was listed as an unc back in &#039;82.</p><p><br /></p><p>**For years I always admired SL Quarters but I never see them except for occasional specimens worn absolutely flat. Then yesterday I found I won a pcgs-65, 1925 piece, from a $240 bid thrown into an auction.[/QUOTE]</p><p><br /></p>

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