||Felipe V gold Cob 8 Escudos 1735 L-N, KM38.2, Fr-7, Calico type 305-311, VF Details (Mount Removed) NGC. The surfaces show modest amounts of circulation and the design is pleasingly placed on a slightly off-round flan. The date, often off the flan or blurred from a shifting strike, shows a bold 7 and 3 with the final numeral being short of sharp. A small flan crack at 11 o'clock is evident. Close inspection of the rim near 6 o'clock reveals two previous mount points, and signals previous usage as a personal keepsake. Despite its imperfections, this example remains desirable as one of the classic types in American numismatics and a true symbol of wealth creation in the "New World".
Realized $3,818.75. Description courtesy of Heritage Auctions.