Spanish gold Coin - 8 Escudos - Mexico Mint - Assayer "J" - Assayer for 1715 Fleet
$34,892
Denomination: 8 Escudos
Mint: Mexico
Date: 1714-15
Reign: Philip V
Assayer: "J" Jose Eustaquio de Leon (Assayer for 1715 Fleet)
Weight: 26.9 grams
Bezel: 18K Gold with Diamond accents on Bales and Prong
Grade: NGC 8783135-007 Unc details
Description: Obverse: Greek cross with addition of "floral darts" on outside of the treasure at the junctions. Reverse: Philip V. Bourdon crest enlarged, lower-right castle gone. Feese of Austria "floats" in window, bundles now curved.
History: Philip V(Felipe) was King of Spain from November 1700 to January 1724, when he abdicated in favor of his son Louis, and from September 6th, 1724, when he assumed the throne again upon his son's death, to his death. Philip was the first member of the House of Bourbon to rule as king of Spain. The sum of his two reigns, 45 years and 21 days, is the longest in modern Spanish history.
This coin is a certified member of "The Beachcomber Series" by Shipwreck Treasures of the Keys. It has been numismatically certified as authentic to its time period and demonstrates evidence of environmental wear and corrosion consistent with marine wear related to a shipwreck.
This coin has all the attributes of the 1715 Fleet Shipwreck. The elaborate cross and Treasure combo was designed for Royal Strikes, but several 8 and 4 Escudos are known to exist. Coins of The Beachcomber Series do not have official salvager documentation proving their origin from a legal underwater shipwreck recovery. These coins were legally recovered by a salvager but now with lost documentation. Each coin is certified as an authentic artifact that has survived a shipwreck. The Beachcomber Series also allows for the creation of a database to further our understanding of shipwrecks and their contents, both locally and globally, providing an additional benefit for collectors and researchers alike."
DP-40203