Peru 8 Escudos 1732 "Philip V" NGC AU
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1732 Lima Philip V Gold Cob 8 Escudos (L-N) – AU Details (Removed From Jewelry), NGC Certified
Lima Mint | KM 38.2 | Cal-2146 | Oro Macuquino-Unlisted | HISPAN Variety | 26.85 grams
From the Monedero Collection of Peru and Latin American Coins
A magnificent and elusive example of early 18th-century Spanish colonial gold, this 1732 Lima-minted 8 Escudos cob shines with both historical and numismatic significance. Struck under the reign of Philip V of Spain, the first Bourbon monarch of the Spanish Empire, this piece hails from a transformative period in Spanish history marked by dynastic shifts, imperial reforms, and global conflict.
Philip V (reigned 1700–1746, with a brief abdication in 1724) was the grandson of France’s Louis XIV and the first French Bourbon to ascend the Spanish throne after the death of the childless Charles II, igniting the War of the Spanish Succession. His rule brought France and Spain into closer political alignment and catalyzed a sweeping modernization of Spanish administration, particularly in the Americas. Under Philip’s rule, the colonial mints—like Lima—saw improvements in minting practices and production as Spain sought to tighten control over its transatlantic wealth.
This 8 Escudos coin, struck in 1732, represents the inaugural year of machine-struck coinage in Lima, a notable milestone as the mint transitioned from traditional hammered issues to more uniform, milled types. However, the coin offered here remains in the cob style—hand-cut and irregular, evoking the rough yet majestic allure of colonial gold. Designated AU Details due to prior use in jewelry, the piece still boasts brilliant golden luster, crisp legends, and sharp die polish that reflect its craftsmanship and regality. The desirable HISPAN legend variety adds a layer of scarcity for collectors focused on die variations.
Surviving examples from this era are increasingly difficult to acquire, especially in higher grades, as many were melted down or lost to shipwrecks. This coin not only endured centuries but also maintains a rich visual appeal, making it an exceptional artifact of Spain’s imperial ambitions and Peru’s economic significance during the early 18th century.
Housed in its original collector’s envelope, this piece is a tangible remnant of Philip V’s complex and consequential reign—an era that redefined Spain’s place in the world.
Lima Mint | KM 38.2 | Cal-2146 | Oro Macuquino-Unlisted | HISPAN Variety | 26.85 grams
From the Monedero Collection of Peru and Latin American Coins
A magnificent and elusive example of early 18th-century Spanish colonial gold, this 1732 Lima-minted 8 Escudos cob shines with both historical and numismatic significance. Struck under the reign of Philip V of Spain, the first Bourbon monarch of the Spanish Empire, this piece hails from a transformative period in Spanish history marked by dynastic shifts, imperial reforms, and global conflict.
Philip V (reigned 1700–1746, with a brief abdication in 1724) was the grandson of France’s Louis XIV and the first French Bourbon to ascend the Spanish throne after the death of the childless Charles II, igniting the War of the Spanish Succession. His rule brought France and Spain into closer political alignment and catalyzed a sweeping modernization of Spanish administration, particularly in the Americas. Under Philip’s rule, the colonial mints—like Lima—saw improvements in minting practices and production as Spain sought to tighten control over its transatlantic wealth.
This 8 Escudos coin, struck in 1732, represents the inaugural year of machine-struck coinage in Lima, a notable milestone as the mint transitioned from traditional hammered issues to more uniform, milled types. However, the coin offered here remains in the cob style—hand-cut and irregular, evoking the rough yet majestic allure of colonial gold. Designated AU Details due to prior use in jewelry, the piece still boasts brilliant golden luster, crisp legends, and sharp die polish that reflect its craftsmanship and regality. The desirable HISPAN legend variety adds a layer of scarcity for collectors focused on die variations.
Surviving examples from this era are increasingly difficult to acquire, especially in higher grades, as many were melted down or lost to shipwrecks. This coin not only endured centuries but also maintains a rich visual appeal, making it an exceptional artifact of Spain’s imperial ambitions and Peru’s economic significance during the early 18th century.
Housed in its original collector’s envelope, this piece is a tangible remnant of Philip V’s complex and consequential reign—an era that redefined Spain’s place in the world.
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