Heritage World Coin Auctions
CSNS Signature Sale 3073 25-26 & 29 Apr 2019
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Peru
Philip V gold Cob 8 Escudos 1716 L-M AU Details (Rim Filing) NGC, Lima mint, KM38.2, Cal-28, Onza-250. An outstanding coin, scarcely ever encountered so well-struck or well-preserved as this. The 'rim filing' certification can be essentially disregarded as an affecting factor, as what little evidence of rim filing there is is exceptionally unobtrusive to the point of irrelevance and, what's more, this piece seems to be overweight for the type and so was likely filed in the mint to bring the coin closer to face value. Fully bold in its detail, a two-year issue with dots for horizontal lines and sprinkled throughout the design, plus "teardrops" around the points of the cross, which some speculate are a memorial for the loss of the 1715 Fleet. One of the finest of this type that the cataloger has seen, a captivating representative.
HID02901242017
Estimate: 7000-9000 USD
Philip V gold Cob 8 Escudos 1716 L-M AU Details (Rim Filing) NGC, Lima mint, KM38.2, Cal-28, Onza-250. An outstanding coin, scarcely ever encountered so well-struck or well-preserved as this. The 'rim filing' certification can be essentially disregarded as an affecting factor, as what little evidence of rim filing there is is exceptionally unobtrusive to the point of irrelevance and, what's more, this piece seems to be overweight for the type and so was likely filed in the mint to bring the coin closer to face value. Fully bold in its detail, a two-year issue with dots for horizontal lines and sprinkled throughout the design, plus "teardrops" around the points of the cross, which some speculate are a memorial for the loss of the 1715 Fleet. One of the finest of this type that the cataloger has seen, a captivating representative.
HID02901242017
Estimate: 7000-9000 USD