Mexico City, Mexico, cob 2 escudos, Philip V, assayer L (1702-5), ex-1715 Fleet, mounted in 18K gold pendant by Smith's of Cayman.14.14 grams total.Very sturdy and thick-gauge mounting and bail (Smith's is always top quality) around a choice AU-details coin with full and well-detailed shield, full but off-center cross (oriented as an X in this setting), full oXML, minor edge-splits.From the 1715 Fleet.
($2000-3000)