(◊) PERU. Cob 8 Escudos, 1736-L N. Lima Mint. Philip V. NGC MS-64.

A Scarce and Desirable New World Type of Unseen Quality (◊) PERU. Cob 8 Escudos, 1736-L N. Lima Mint. Philip V. NGC MS-64. Fr-7; KM-38.2; Cal-2151; Onza-312. Weight: 27.06 gms. A magnificent high-grade example of this rare piece - the highest graded from this assayer and the only known mint state example of this date. Full date visible in both the legend and central obverse field. Fully lustrous and with clear die-striations from the preparation of the dies, and much of the devices are boldly struck; double-strike as usual for type. Comes with a subtle reddish hue and patches of surface patina indicative of sea salvage, and with an original surface that has missed the grip of jewelry, cleaning or damage from the sea floor. This coin was the largest circulating gold issue of the time, crudely and hastily struck at the Lima Mint under the chief assayer, Joaquín Negrón. Estimate: €20,000 - €25,000. (◊) This lot has been consigned from the European Union and will be shipped or picked up from our Denmark office once the auction concludes. Item is subject to full VAT for non-VAT registered entities or individuals who take delivery of lots within EU countries. For buyers taking possession in Denmark, the lot is subject to margin scheme taxation (in Danish “brugtmoms”). All lots shipped to countries outside of the E.U. will be billed an additional one-half percent (1/2%) for insurance (minimum of €10). For any lots delivered outside of Denmark the declaration value shall be the item’(s) hammer price plus its buyer’s premium. Buyer shall be responsible for paying all applicable taxes, duties, and customs charges for all lots delivered outside Denmark. Please see Terms and Conditions. Click here for certification details from NGC. Click here to see Coins in Motion.

Estimation:€12,000

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