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Description

1700 Carlos II Cob 4 Escudos

Easily the Finest Known

Carlos II gold Cob 4 Escudos 1700 L-H, KM25, MS65 NGC. Due to its long-standing association with "treasure," numismatists have long been attracted to cob coinage. Most broad-based collectors find it worthwhile to add at least one representative to their collections. For most, this means picking up one of the many silver denominations; for the more financially secure, it often means the acquisition an 8 Escudo type from a shipwreck salvage, like the 1715 Plate Fleet. While these shipwrecks have given supply to the collectors who desire to connect with this era of Spanish Colonial coinage, their hauls have, for the most part, been absent of the 4 Escudos type. As such, any issue of the 4 Escudos denomination, especially during Carlos II's reign, is rare, and any offering is met with great enthusiasm. The present 4 Escudos however stands at a great distance from the others - it is very likely the single finest example extant from the reign of Carlos II. The surfaces are nothing short of immaculate with mint-fresh luster throughout, and no handling is apparent even upon close inspection. The strike, often severely misplaced on the flan, is almost perfectly centered with both sides showing near complete border beading. Only slight strike doubling exists. All said, this is undoubtedly one of the finest jewels in a collection of wonderful treasures. For the collector that demands the finest, this is certainly an opportunity that shouldn't be overlooked. Krause catalog price(s) for this item: $12000 in VF, $15000 in EF.



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Auction Info

Auction Dates
January, 2014
14th-16th Tuesday-Thursday
Bids + Registered Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 2,094

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Truth Seeker: The Life of Eric P. Newman (softcover)
A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.

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