$6,223.00 USD
– SOLDPopayan, KM50.2a. Caballero de las Yndias. Rare 1788/7 Overdate!
The 1788/7-SF Gold 8 Escudos coin, graded NGC AU50, is an important piece of Spanish numismatic history. Minted during the reign of Carlos III of Spain, this coin offers insight into the late 18th century, a time of significant political and economic change in Spain and across Europe. It is part of the Escudo coinage, a system used throughout the Spanish Empire during this period, especially in its colonial territories
The 8 Escudos was a key unit of currency in the Spanish Empire, circulating across Spain, its colonial possessions (especially in the Americas), and even beyond its borders in international trade. Spain, with its vast colonial holdings in the Americas, was one of the leading exporters of gold and silver at the time, and the Escudo coinage played a crucial role in this trade.
