Description: Exquisite 1778 Lima MJ Peru Gold 8 Escudos Coin - Graded AU55 by NGC Introduction to Spanish Colonial Escudos: The Spanish colonial escudo is a gold coin that played a pivotal role in the economic and historical narrative of the Spanish Empire. Minted in various regions of Spanish America, the escudo was an essential component of international trade and colonial wealth. The coin's intricate designs and varying regional marks reflect the diverse influence of Spanish colonial rule across different territories. The escudo coins are a testament to the rich history of the Spanish Empire, showcasing the artistry and economic significance of the period. Below is a more detailed description of this coin: 1778 Lima MJ Peru Gold 8 Escudos NGC AU55: This rare 1778 Lima MJ Peru Gold 8 Escudos coin, minted during the reign of King Charles III (1759-1788), is a prime example of the high-quality craftsmanship and historical significance associated with Spanish colonial coinage. The coin captures the meticulous attention to detail and the nuanced historical timeline of Spanish numismatics. Historical Significance: The 8 Escudos coin was a significant part of Spain's colonial coinage. The coin's historical context, along with its lower graded population and high-quality condition, adds extra layers of rarity and intrigue, making it a highly sought-after piece for collectors and historians alike. Mintage and Rarity: While the exact mintage of the 1778 Lima MJ Peru Gold 8 Escudos is not readily available, coins from this era are known for their limited production and survival rates. This scarcity contributes to the coin's desirability and value in the numismatic market. Population Reports: According to the latest population reports from NGC and PCGS:NGC Population: Four in grade AU55, nine in lower grades, and two in higher grades.PCGS Population: None in grade AU55, 1 in lower grades, and none in higher grades. Valuation: The NGC price guide for the 1778 coin in XF is $1,900. There is no specific price guidance for 1778 coins above XF. Details: Obverse:Features the older, armored bust of King Charles III facing right.Script: LatinLettering: CAROL•III•D•G• HISP•ET IND•R• •1778•Engraver: Tomás Francisco Prieto Martin Reverse:Displays the crowned arms within the Order of the Golden Fleece collar.Script: LatinLettering: IN•UTROQ•FELIX• •AUSPICE•DEO 8 S •L• •MJ•Engraver: Tomás Francisco Prieto Martin Assayer:MJ: Manuel de Assorin y Echeverz Mint:Mintmark of the Lima Mint (L) Highlights:IssuerPeru KingCharles III (1759-1788) TypeStandard circulation coinYears1772-1784Value8 Escudos (128)CurrencyReal (1568-1858)CompositionGold (.901)Weight27.0674 gDiameter36 mmShapeRoundTechniqueMilledDemonetizedYesNumberN#46616ReferencesKM# 82 Shipping: Shipping is free via USPS Registered, Ground Advantage, or Priority Mail with signature confirmation. Guarantee: Our products are guaranteed genuine, so if found otherwise, they may be returned for a full refund. Buy It Now! Secure this rare gem and add a valuable piece of history to your collection.
Price: 4084.99 USD
Location: Spring, Texas
End Time: 2024-10-26T21:12:01.000Z
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Item Specifics
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Composition: Gold
Certification Number: 5710245-010
Color: Gold
Fineness: 0.901
Grade: AU 55
KM Number: 82.1
Certification: NGC
California Prop 65 Warning: NA
Denomination: 8 Escudos
Circulated/Uncirculated: Circulated
Year: 1778
Currency: Real
Country/Region of Manufacture: Peru