^Lot 25 PERU, Lima, gold cob 8 escudos, 1707 H, legend ISPANIAR, rare, NGC MS 63 (1715 Fleet Shipwreck Label

PERU, Lima, gold cob 8 escudos, 1707 H, legend ISPANIAR, rare, NGC MS 63 (1715 Fleet Shipwreck Label), "top pop." S-L25a; KM-38.1; Cal-2113; Fr-7. 26.97 grams. Very broad flan with choice full crown and lots of legend including king's ordinal V, good full pillars-and-waves and cross-lions-castles (the latter slightly doubled and slightly off-center), strong die-polish lines that seem to have occurred before all the letters were punched into the die, this coin currently tied with four others for finest known in NGC census. It is interesting to note that the legend chosen by assayer Hurtado for 8 escudos in the period of 1704 to 1708 reduced the word HISPANIARVM to ISPANIARVM, lacking the initial H (ironically the same as his assayer-mark), here truncated to ISPANIAR due to space limitations. From the 1715 Fleet.
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