Rare Low Pop 1735L Peru Gold Cob 8 Escudos NGC AU53 Spanish Colonial Gold NEW

Rare Low Pop 1735L Peru Gold Cob 8 Escudos NGC AU53 Spanish Colonial Gold NEW LiSTING

Full Pillars

Unknown in Mint State at NGC

Only 13 are certified at NGC

8 of which are in details holders (with damage or cleaning)

2 in AU58 (1 possible regrade)

This example is Condition Census (Top 3 Finest Known)

Brief description of the 1735 Lima, Peru Gold Cob 8 Escudos :

The letters and number in the center portion of the pillar side of the coin (L.8.M over P.V.A.) represent the following: “L” is for the Lima mint, 8 is for the denomination of 8 escudos, N is for the mint assayer name and “PVA” is a Latin abbreviation for “PLVS ULTRA”, which being translated into English means “Further Beyond” implying that the pillars were a gateway. Prior to the discovery of the New World in 1492 by Christopher Columbus, it was believed that beyond the pillars of Hercules was the end of the world. With the discovery of the Americas, the myth was laid to rest that the Pillars of Hercules was the westernmost edge of the inhabitable world which had prevailed since Antiquity. (To this day, “Plus Ultra” is the royal motto of Spain.)

Last line is the date (7 3 5 ).

The Reverse -  The design elements include the Jerusalem Cross centered, which signifies the union of the church and the Spanish Monarchy, with castles and lions in the four quadrants, which represent the Spanish kingdoms of Castile and León.

Peruvian Gold is still the darling of the Spanish Colonial coin world. Gold Cob 8 Escudos were mined or captured from the Incan Empire by the Spanish Conquistadors and struck in 22k. So much New World history behind these.

This coin was discovered in Argentina, and we purchased it from the dealer after it was certified by NGC.