Spain
Carlos & Johanna gold Cob Escudo ND (1516-56) T-M, Toledo mint, Fr-154, Cal-40, AU53 NGC. An attractive well struck specimen (albeit with some doubling evident on the shield) of this historically important issue, which was among the first gold coinage that circulated in the Americas. Ex: Stack's Bowers (8/2012, lot 40385 for $1,200).
Estimate: 1000-1200 USD