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Seville, Spain, gold cob 2 escudos, Philip III, assayer G, NGC MS 62 ("top pop"), ex-Santa Margarita

Currency:USD Category:Coins & Paper Money / Coins: Shipwreck Coins Start Price:10,000.00 USD Estimated At:15,000.00 - 30,000.00 USD
Seville, Spain, gold cob 2 escudos, Philip III, assayer G, NGC MS 62 ( top pop ), ex-Santa Margarita
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This item SOLD at 2023 May 03 @ 13:47UTC-4 : AST/EDT
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Seville, Spain, gold cob 2 escudos, Philip III, assayer G, NGC MS 62 ("top pop"), ex-Santa Margarita. Fr-189; KM-20. 6.84 grams. Bold full cross and shield with full S-G to left (attributable to the date range 1617-22), sharply sheared edge, rich gold color with muted luster, very rare and desirable as a gold cob from the 1622 Fleet (one of very few examples NGC-graded Mint State and tied with only one other for finest known in the NGC census), also notably certified as from the original Santa Margarita find in 1980, while the Fishers were still trying to locate the main part of the Atocha. It is worth emphasizing that less than 0.1% of the coins found from the 1622 Fleet were gold. For price reference, just a year ago we auctioned a 1622-dated example in the same grade from the same wreck for $35,000. With original photo-certificate 80M-174. Recovered from: Santa Margarita, sunk in 1622 west of Key West, Florida Please use this link to verify the certification number