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Lima, Peru, cob 4 escudos, 1702H, extremely rare, NGC AU 55, finest known.

Currency:USD Category:Coins & Paper Money / Cobs - Gold Start Price:10,000.00 USD Estimated At:12,500.00 - 20,000.00 USD
Lima, Peru, cob 4 escudos, 1702H, extremely rare, NGC AU 55, finest known.
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Lima, Peru, cob 4 escudos, 1702H, extremely rare, NGC AU 55, finest known. S-L25a; KM-37; Cal-1998. 13.40 grams. Broad flan with choice full cross-lions-castles, much legend outside full pillars-and-waves with weak but certain final digit of date, light reddish toning on fields. With photo-certificate from Philip Flemming that says "very likely came from a wreck of the 1715 Fleet, though details of its salvage are not recorded." NGC #4431490-001. CORRECTION TO PRINTED CATALOG: By our records (and confirmed by several experts), this is the only known specimen (and therefore finest graded) of this date and denomination, presumably the first Lima issue in this denomination for Philip V.