RARE! SPAIN 1717 8 ESCUDOS PCGS XF PIRATE GOLD COINS DOUBLOON COB TREASURE
Spain 8 Escudos 1717 "RARE! Especially without the date correction" PCGS XF! Only 2 graded by PCGS and 3 graded by NGC! "Cross" type. 8-M / S-8. 26.86 grams
The 1717 8 Escudos Coin: A Glorious Piece of Spanish History
The 1717 8 Escudos coin from Spain, minted in the historic city of Seville during the illustrious reign of Philip V, stands as a dazzling relic of numismatic history. This extraordinary coin is a gem of the gold escudo series, renowned for its immense value and widespread circulation during the 18th century.
Design and Features
Obverse On the obverse of the 1717 8 Escudos coin, you’ll find the majestic crowned coat of arms of Spain. This intricate design is encircled by both an inner collar and the prestigious outer collar of the Order of the Golden Fleece, a symbol of elite chivalry. The surrounding inscription, "✤ PHILIPPVS ✤ V ✤ ✤ DEI ✤ GRAT ✤," translates to "Philip V by the Grace of God" in Latin, underscoring the divine right claimed by the monarch.
Reverse The reverse of the coin features a stunning Jerusalem Cross, also known as the “Crusader’s Cross.” This powerful symbol represents the deep ties between the Catholic Church and the Spanish monarchy during this period. The cross, a common motif on Spanish gold coins of the era, reflects the rich religious and political context of the time.
Historical Context
The 8 Escudos coin, often referred to as a doubloon, was a high-value gold coin extensively used in international trade. The term "escudo," meaning "shield" in Spanish, perfectly fits the prominent shield design on the obverse. These coins were minted across Spain and its vast colonies, but those from the Seville mint are especially celebrated for their exceptional quality and detailed craftsmanship.
Minting and Circulation
Initially, gold cobs, including the 8 Escudos, were crudely produced in the Spanish colonies before being refined in Spanish mints. The Seville mint, however, gained fame for producing coins with superior strikes and intricate designs compared to those minted in the New World. These coins were pivotal in funding the Spanish monarchy and its expansive empire, often transported across the Atlantic by formidable Spanish galleons.
Collectibility and Value
The 1717 8 Escudos coins from Seville are highly coveted by collectors for their historical significance, rich gold content, and exquisite designs. The rarity and condition of these coins dramatically influence their value, with well-preserved specimens displaying clear details of the shield and cross being especially prized.
Conclusion
The 1717 8 Escudos from the Seville mint is a breathtaking example of Spanish numismatic artistry, capturing the economic and political might of Spain during the early 18th century. Its stunning design elements, profound historical context, and the exceptional craftsmanship of the Seville mint make it an invaluable piece for collectors and historians alike. This coin is not just a piece of currency; it is a glittering testament to an era of grandeur and imperial splendor