Lima, Peru, cob 8 escudos, 1709M, from the 1715 Fleet, encapsulated NGC AU 58. S-L28; KM-38.1; CT-20. 26.98 grams. Lustrous, with choice but slightly off-center full pillars and cross, much legend (full king's ordinal V), spots of encrustation and reddish sediment. From the 1715 Fleet, with Cobb Coin Co. (Fisher) plastic and paper tags #NCB-3769MO (1988).
Estimate: $9000 - 13500