1798 Gold 8 Escudos NGC AU 58

$4,388.00 USD

The Chile Gold 8 Escudos, graded NGC AU 58, holds significant cultural and numismatic value as a coin minted during the Spanish colonial period.

The obverse  features the bust of Charles III or IV of Spain, reflecting the colonial authority over Chile during that era. Surrounding the bust is a Latin legend with the monarch's name and title, often accompanied by the mint mark and sometimes the year of minting. This design underscores the Spanish influence and the artistic conventions of the period.

On the reverse side, the Chile Gold 8 Escudos showcases the Spanish coat of arms. This includes the crowned arms of Castile and León, with a crown above and the denomination "8" and "E" (Escudos) inscribed below. The design may vary slightly depending on the specific mint and year of issue, but generally emphasizes Spain's authority and the coin's role as a standardized currency within the Spanish Empire.