$4,692.00 USD
Minted in Lima, Peru in 1796 during the reign of Charles IV, the 8 Escudos gold coin struck under the "IJ" assayer initials reflects the enduring strength and sophistication of Spanish colonial minting in the late 18th century. Bearing the "LIMA" mintmark, this coin served as a vital component of transatlantic commerce and wealth storage throughout the Spanish Empire’s Andean territories, as Bourbon reforms continued to stimulate economic modernization across South America.
Obverse: Displays the right-facing cuirassed bust of Charles IV, adorned in neoclassical military dress, encircled by a Latin legend proclaiming his royal title. The portrait reflects the regal gravitas of the Bourbon monarch, whose effigy dominated the coinage of the Spanish Americas during a period marked by administrative centralization and intensified resource extraction.
Reverse: Presents the crowned Spanish coat of arms between the Pillars of Hercules, draped with the “PLUS ULTRA” mottoed banner. The mintmark "LIMA" and assayer initials "IJ" (standing for assayers Juan Martínez de Roxas and José de Albear) are prominently displayed near the shield, along with the denomination and date, affirming the coin's origin from one of Spain’s most prolific colonial mints.
This specimen, certified NGC AU55, retains considerable mint luster within protected areas and offers a well-struck design with light, even wear on the highest points. The AU55 grade underscores its brief circulation and strong eye appeal, making it an appealing acquisition for collectors of Spanish colonial gold, particularly those seeking examples from the distinguished Lima mint.
Peru Gold 8 Escudos, Lima Mint
