NGC-Certified Coins to Be Among Highlights of Madrid Auction

Coins certified by Numismatic Guaranty Corporation® and banknotes certified by Paper Money Guaranty Corporation® are among the highlights in a May 29 auction presented by the Tauler y Fau firm in Madrid, Spain.

This 1747MO Mexico 8 Escudos graded NGC MS 63 has an estimate of € 12,000 (about $13,500 USD). Click images to enlarge.

Estimated at € 12,000 (about $13,500 USD) is a 1747MO Mexico 8 Escudos graded NGC MS 63, a gold coin that carries the bust of King Philip V of Spain, who ruled from 1683 until he abdicated to a son, Louis, in 1724, and again after his son died seven months later until Philip V died in 1746.

Another gold coin with the likeness of a Spanish monarch, a 1789M Spain 8 Escudos graded NGC MS 60, has an estimate of € 6,500 (about $7,300 USD). It has a bust of Charles IV, who ruled from 1788 until his abdication in 1808.

Guillermo Fau Carranza, Director of Communication and Marketing at Tauler y Fau, said interest in NGC grading and encapsulating coins is growing in Spain.

"Everyone knows NGC and PMG and I have noticed that collectors are becoming increasingly interested in certifying their collections and adopting the American model," Fau Carranza said. "I believe that with the passage of time the interest in certifying collections will increase and we want to be the first choice for collectors."

The other NGC-graded coins and PMG-graded notes to be auctioned by Tauler y Fau are:

• Lot 386 — A 1742MO Mexico 8 Escudos graded NGC MS 62. Estimate: € 5,000 (about $5,600 USD).

• Lot 448 — A 1761SO J Chile 8 Escudos, graded NGC AU 58. Estimate € 4,000 (about $4,500 USD).

• Lot 307 — A (1476-1516)S Spain 1 Excelente, graded NGC AU 55. Estimate € 3,000 (about $3,400 USD).

• Lot 303 — A (1475-97)S Spain 1 Castellano, graded NGC XF 40. Estimate: € 2,500 (about $2,800 USD).

• Lot 600 — An 1852 Brazil 20,000 Reis, graded NGC AU 55. Estimate: € 1,000 (about $1,100 USD).

• Lot 602 — An 1853-O Arrows and Rays Quarter, graded NGC AU Details. Estimate: € 600 (about $670 USD).

• Lot 636 — A Morocco 1943 5,000 Francs, graded PMG 25 Very Fine. Estimate: € 1,500 (about $1,700 USD).

• Lot 635 — A Morocco 1943 1,000 Francs, graded PMG 25 Very Fine. Estimate: € 600 (about $670 USD).

• Lot 632 — A France 1979-86 500 Francs with an Insufficent Inking Error, graded PMG 58 Choice About Uncirculated. Estimate: € 300 (about $330 USD).

All estimates are supplied by the auction house.