Peru
Selections from the Eric P. Newman Collection of World Coins. Felipe V gold Cob 4 Escudos 1739 L-V, KM-37, Fr-8, 13.49 gm, AU Details (Mount Removed) NGC. A rare denomination for cob coinage with the present specimen touting an incredibly sharp, well-centered strike that boldly displays the date, denomination and assayer initial on the obverse, and ideally places the cross on the reverse. Close inspection reveals some smoothing on the rim around 6:00 as well as skilled tooling in the obverse and reverse fields that was intended to further sharpen the detail. Still, an immensely desirable type example of which few can say they own an example.
Estimate: 3000-4000 USD