271, Lot: 178. Estimate $5000. Sold for $8000. This amount does not include the buyer’s fee.

PERU, Colonial. Felipe V. King of Spain, first reign, 1700-1724. Cob AV 8 Escudos (30mm, 26.74 g, 1h). Lima mint. Dated (1)712-M. Coat-of-arms / Crowned Pillars of Hercules; crown above; L 8 M/P V A/7 1 2 in three lines across field. ME 9933; Calicó 7; Friedberg 6; KM 38.2. EF, matte surfaces.

Property of Princeton Economics acquired by Martin Armstrong. Ex Ponterio 80 (29 March 1996), lot 806; Recovered from the ‘Plate Fleet,’ sunk 1715.