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Bogota, Colombia, cob 2 escudos, Philip V, assayer not visible (ca. 1720), with mercury on surfaces

Currency:USD Category:Coins & Paper Money / Cobs - Gold Start Price:1,750.00 USD Estimated At:2,000.00 - 3,000.00 USD
Bogota, Colombia, cob 2 escudos, Philip V, assayer not visible (ca. 1720), with mercury on surfaces
SOLD
1,750.00USDto Turtle15+ (262.50) buyer's premium. + applicable fees & taxes.
This item SOLD at 2010 Oct 26 @ 08:42UTC-4 : AST/EDT
All items are genuine unless noted. Most shipwreck coins and artifacts come with a certificate of authenticity (please check the description for each item). By bidding in this auction you understand and agree to the Terms and Conditions posted here.
Bogota, Colombia, cob 2 escudos, Philip V, assayer not visible (ca. 1720), with mercury on surfaces as from the Guadalupe-Tolosa (1724). S-B24a; KM-17.2. 6.7 grams. Fascinating coin that at first looks polished from jewelry or perhaps even gold-plated silver, but closer scrutiny reveals that the surfaces are impregnated with mercury (which dissolves gold), for which the source wrecks were known, the coin itself otherwise fairly normal, with full shield and full but doubled cross, VF+ for wear, pedigreed to the original Goldberg auction in which the only known coins from these wrecks were sold (and at the time they were encapsulated by NGC). From the Guadalupe-Tolosa (1724).