Peru 8 Escudos 1702 "1 of 2 found by Bob Johnson" NGC 61
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This 1702 is one of only two discovered by Bob Johnson in a disintegrated chest!
On Memorial Day, 1964—when treasure hunter Bob Johnson discovered two 1702 Limas nestled in a disintegrated chest, mixed with some other gold cobs. I mean can you imagine the thrill of unearthing a treasure trove like that?"
Bob kept one 8 escudos for his personal collection and sold the other—this very coin—through Real 8 Company to legendary collector Xavier Calico. It remained hidden in a private Spanish collection for 50 long years before being revealed to the world again!"
Look how this piece is Struck on such a large, round planchet. It features a magnificent new Bourbon crown, these crowns were introduced in 1702, alongside the iconic ‘PHILIPPUS’ inscription. Just look at that almost perfect pillar centering! The details are bold and sharp, truly a testament to its remarkable preservation."
The world was changing with the death of Carlos II, this design reflects the time of transition. The crown is the new Bourbon crown first appearing in Lima, along with PHILIPPUS in the legend on the obverse. This 1702 is very probably one of the issues struck in late August.
The other 1702 found by Bob Johnson shows the older style Hapsburg crown of Carlos II. Word of Carlos death reached Lima in early 1701, however the design changes were implemented slowly. On the top we have L-8-H telling us this Lima was struck under assayer Captain Francisco Hurtado, the first gold assayer at Lima. On the bottom we have 7-0-2 unlike the other 1702 found. This die had the new and correctly sized punches.
This 1702 eight escudos isn’t just a piece of currency; it’s a glimpse into a bygone era of adventure, exploration, and the quest for wealth. The State of Florida has no 1702 escudos of any denomination in its collection.35
Click Here to read more about the '1715 Fleet Shipwreck'
On Memorial Day, 1964—when treasure hunter Bob Johnson discovered two 1702 Limas nestled in a disintegrated chest, mixed with some other gold cobs. I mean can you imagine the thrill of unearthing a treasure trove like that?"
Bob kept one 8 escudos for his personal collection and sold the other—this very coin—through Real 8 Company to legendary collector Xavier Calico. It remained hidden in a private Spanish collection for 50 long years before being revealed to the world again!"
Look how this piece is Struck on such a large, round planchet. It features a magnificent new Bourbon crown, these crowns were introduced in 1702, alongside the iconic ‘PHILIPPUS’ inscription. Just look at that almost perfect pillar centering! The details are bold and sharp, truly a testament to its remarkable preservation."
The world was changing with the death of Carlos II, this design reflects the time of transition. The crown is the new Bourbon crown first appearing in Lima, along with PHILIPPUS in the legend on the obverse. This 1702 is very probably one of the issues struck in late August.
The other 1702 found by Bob Johnson shows the older style Hapsburg crown of Carlos II. Word of Carlos death reached Lima in early 1701, however the design changes were implemented slowly. On the top we have L-8-H telling us this Lima was struck under assayer Captain Francisco Hurtado, the first gold assayer at Lima. On the bottom we have 7-0-2 unlike the other 1702 found. This die had the new and correctly sized punches.
This 1702 eight escudos isn’t just a piece of currency; it’s a glimpse into a bygone era of adventure, exploration, and the quest for wealth. The State of Florida has no 1702 escudos of any denomination in its collection.35
Click Here to read more about the '1715 Fleet Shipwreck'
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