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Mexico City, Mexico, cob 1 escudo, 1711J, "1712 style" reverse, Royal-like, from the 1715 Fleet, enc

Currency:USD Category:Coins & Paper Money / Cobs - Gold Start Price:2,500.00 USD Estimated At:3,500.00 - 5,000.00 USD
Mexico City, Mexico, cob 1 escudo, 1711J,  1712 style  reverse, Royal-like, from the 1715 Fleet, enc
SOLD
10,250.00USDto parkrat+ (1,793.75) buyer's premium. + applicable fees & taxes.
This item SOLD at 2015 Apr 29 @ 10:22UTC-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.
Mexico City, Mexico, cob 1 escudo, 1711J, "1712 style" reverse, Royal-like, from the 1715 Fleet, encapsulated NGC MS 65, finest known specimen in NGC census. S-M30; KM-51.1; CT-506. 3.35 grams. Unusually broad flan, nearly round and with full inner details (shield and oXMJ, cross with "ears"-style ornaments in quadrants) and bold full date, much crown and legend, lustrous and exceptional for grade, clearly a premium piece even if not a full-fledged Royal. It is interesting to note, also, that this coin features prominently in a famous photo by John De Bry of an example of a military decoration known as the Order of the Holy Spirit that HRD recovered in 1988. From the 1715 Fleet (as stated inside the slab).