Peru
Philip V gold Cob 8 Escudos 1711 L-M AU58 NGC, Lima mint, KM38.2, Onza-239 (Rare). 26.9gm. An always well-sought and relatively early date for the type, that greatly increases in overall scarcity as it approaches Mint State. While mildly off-center in strike, this piece possesses superb die polish in the obverse fields, a light stippling to those of the reverse perhaps suggesting a brief period of saltwater exposure, which nonetheless has done nothing to diminish the coin's visual appeal.
https://coins.ha.com/itm/peru/peru-philip-v-gold-cob-8-escudos-1711-l-m-au58-ngc-/a/3085-30278.s?type=CoinArchives3085
HID02906262019
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Estimate: 8000-10000 USD