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Lima, Peru, cob 8 escudos, 1711M, from the 1715 Fleet, mounted in a high-end gold-and-diamond bezel

Currency:USD Category:Coins & Paper Money / Cobs - Gold Start Price:10,000.00 USD Estimated At:10,000.00 - 20,000.00 USD
Lima, Peru, cob 8 escudos, 1711M, from the 1715 Fleet, mounted in a high-end gold-and-diamond bezel
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This item SOLD at 2012 Oct 25 @ 11:46UTC-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.
Lima, Peru, cob 8 escudos, 1711M, from the 1715 Fleet, mounted in a high-end gold-and-diamond bezel from Smith's International. S-L28; KM-38.2; CT-22. 56.8 grams. A stunning jewel consisting of a broad-flan AU- coin with bold legends (Tauler #237) struck slightly off-center, mounted pillars-side out (to display the lucky 7-11) in an 18K gold double-bezel (open-sided) studded all around and even up the bale with 44 diamonds of approx. 2 carats total (clarity VS1/VS2, color F/G, wholesale value of $3500, with the melt value of the gold bezel at about $1174 with gold at $1650/oz), the bright lemon-yellow color of the coin contrasting beautifully with the diamonds and bezel. From the 1715 Fleet, housed in a Smith's International leather box.