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PERU, Lima, gold cob 2 escudos, 1725 M, (Louis I), unique, NGC MS 60, finest and only example in NGC

Currency:USD Category:Coins & Paper Money / Cobs - Gold Start Price:8,000.00 USD Estimated At:15,000.00 - 30,000.00 USD
PERU, Lima, gold cob 2 escudos, 1725 M, (Louis I), unique, NGC MS 60, finest and only example in NGC
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PERU, Lima, gold cob 2 escudos, 1725 M, (Louis I), unique, NGC MS 60, finest and only example in NGC census, ex-Caballero, ex-Almenara, Calicó Plate, Bustos Plate, Tauler Plate. S-L28a; Bustos-L2E.25; Cal-52, Fr-unl; KM-unl. 6.68 grams. Choice full cross-lions-castles, full pillars with bold full date, all well centered but no legend visible on either side, some high-point rub but very clean fields. While the king's name and ordinal are not visible on this coin, for Lima this date is known to be Louis I only (posthumous one-year type), and this 2 escudos is the only known example according to two recent reference works (Tauler and Bustos) and according to the Caballero listing, dispelling rumors of a second example in Ulex (Hess auction of May 1908, lot 3106) where a 1 escudo example is listed confusingly as a "2 Pesos" (following the usual convention of two 8 reales or pesos equaling a 1 escudo). Pedigreed to the Caballero de las Yndias Collection (Aureo & Calicó auction of April 2009, lot 579) and to the Almenara Collection, Plate Coin 52 in Calicó's Numismática española (2019), and Plate Coin on page 51 of Alejandro Bustos' Amonedación de Luis Fernando I (2024) (stated on label), also Plate Coin on page 300 of Tauler's Oro Macuquino (2011).
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