$2,500.00 USD
– SOLDThe Chile Gold 8 Escudos, graded as NGC AU 53, is a coin of notable historical and numismatic significance. Minted during the 18th and early 19th centuries, these coins were a crucial part of the Spanish colonial monetary system in South America, reflecting the wealth generated from Chile's rich gold mines. The 8 Escudos, also known as a "Doubloon," was a substantial denomination used in large transactions and international trade, symbolizing both economic power and colonial prosperity.
The obverse of the Chile Gold 8 Escudos typically features a portrait of the reigning Spanish monarch at the time of minting, surrounded by inscriptions denoting the monarch's name and titles. This side of the coin showcases intricate details and high craftsmanship, highlighting the influence of Spanish rule in colonial Chile.
The reverse side usually displays the Spanish coat of arms, incorporating heraldic symbols such as castles, lions, and the Pillars of Hercules with the motto "Plus Ultra" (More Beyond). These elements emphasize Spain's imperial reach and maritime dominance. The NGC AU 53 (Almost Uncirculated) grade indicates that the coin has light wear on the high points but retains much of its original detail and luster. This well-preserved condition makes the Chile Gold 8 Escudos a highly desirable piece for collectors and investors, reflecting its historical and economic importance.
