^Lot 21 MEXICO, Mexico City, gold cob 8 escudos Royal (galano), Philip V, 1714 J, very rare, NGC MS 65 (1715

MEXICO, Mexico City, gold cob 8 escudos Royal (galano), Philip V, 1714 J, very rare, NGC MS 65 (1715 Fleet Shipwreck Label). S-M30; Cal-91; KM-R57.3; Fr-7. 26.94 grams. Since the 1960s, the 1715 Fleet has yielded a wealth of stunning gold 8 escudos Royals ranging in date from 1695 to 1715; but there is something particularly alluring about the 1714's, which, like this one, exhibit the same super-sharp details and smooth fields seen on regular issues but in a perfectly round format showing even striking pressure throughout, and of course with certain details (like floret ornaments and daggers in tressure dimples) specific to the Royal dies for this year. Curiously, unlike other years, the Royal dies of 1714 were used on regular cob planchets as well, and also on roundish "quasi-Royals," perhaps right after the striking of the present coin, which exhibits some very minor doubling (trumped by a very bold final strike) and localized rim weakness that set it apart from other examples of this date showing fully struck outer borders on exceptionally broad flans. This piece is nevertheless perfectly centered to allow for 100% full legends and inner elements, and it was struck in medal alignment, topped off with a deep, rich color and bright mint luster.

We can find no evidence of wear or shipwreck damage on this piece, although there are a few tiny black spots to attest to its time in the elements, and in fact it is tied with one other for second finest certified behind a single MS 66 at NGC, with another MS66 at PCGS as well. By our records, of ten known examples this is only the third to enter the market publicly.

Not only is this a "golden" opportunity to acquire a genuine galano, it is also of special appeal to hardcore researchers studying die states and the potential link to the known "quasi-Royal" 8 escudos of 1714. From the 1715 Fleet.
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