$3,375.00 USD
– SOLDThe Mexico Gold 8 Escudos, graded as NGC AU 55, is a coin of significant historical and numismatic importance. Minted during the colonial period, these coins were a crucial part of the Spanish monetary system in the New World, reflecting the immense wealth derived from Mexico's abundant gold mines. The 8 Escudos, also known as a "Doubloon," served as a major denomination used in substantial transactions and international trade, symbolizing both economic prosperity and political power.
The obverse of the Mexico 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 the detailed craftsmanship and artistic skill of the period, highlighting the authority and influence of Spanish rule in colonial Mexico.
On the reverse side, the coin usually displays the Spanish coat of arms, incorporating symbols such as castles, lions, and the Pillars of Hercules with the motto "Plus Ultra" (More Beyond). These symbols represent Spain's imperial aspirations and global reach. The NGC AU 55 (Almost Uncirculated) grade indicates that the coin is in excellent condition, with only minor wear visible on the highest points. This grade preserves much of the coin’s original luster and detail, making the Mexico Gold 8 Escudos a prized piece for collectors and investors, reflecting its historical and economic significance.
