Mexico City, Mexico, cob 8 escudos, Philip V, assayer J (1714/GRAT variety), from the 1715 Fleet, encapsulated NGC AU 58. S-M30; KM-57.2. Choice full shield, well centered and crisply detailed, with bold full oMJ and denomination VIII/IIIV (a diagnostic for the "GRAT" die), full but off-center cross with some legend (enough to see there is no date on that side, hence this is the 1714/GRAT variety, albeit not visible), interesting beveling on obverse rim (as made). From the 1715 Fleet.
Estimate: $6000