$7,303.00 USD
– SOLDMexico Gold 2 Escudos, 1741/31 Overdate. Mexico City Mint. The Only Example Known! King Philip V.
The 2 Escudos coin, also known as a "Doubloon," was a significant denomination used in trade and commerce. It was widely circulated and trusted for its gold content and purity.
The obverse features an armored bust of King Philip V, surrounded by the inscription "PHILIP V D G HISPAN ET IND REX," which translates to "Philip V, by the Grace of God, King of Spain and the Indies".
The reverse displays a crowned shield flanked by the mint mark "Mo" (indicating the Mexico City Mint) and the denomination. The inscription around the shield reads "INITIUM SAPIENTIAE TIMOR DOMINI," meaning "The beginning of wisdom is the fear of the Lord".
