Potosi, Bolivia, bust 8 escudos, Charles III, 1778PR, encapsulated NGC AU 53, extremely rare first date of series, only known specimen graded by NGC (therefore finest). KM-59: Janson-68.1.; CT-144. A very highly sought "first date" as not only the first 8 escudos but also the first gold coin ever struck at the Potosi mint (only 1030 pieces made), by our records this example being the first to hit the market in many years. With only very few minor problems (laminations on reverse, slight weakness on bust and bagmarks in fields), this specimen is also a rather competent example for any date, with much luster to boot. If you are a serious collector of Spanish colonial coins, just ask yourself: When will you ever see a better one?
Estimate: $10000 - 20000