$4,388.00 USD
The Chile Gold 8 Escudos, graded as NGC AU 55, is a coin of notable historical and numismatic significance. Minted in the 18th and 19th centuries, these coins were a crucial part of the Spanish colonial monetary system in South America, symbolizing the region's economic prosperity and mining wealth. The 8 Escudos, also known as a "Doubloon," was a significant denomination used in large transactions and international trade.
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 title. This design showcases the intricate details and high craftsmanship of the period, reflecting 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). The inscriptions also indicate the denomination and mint mark, signifying its origin from the colonial mint in Santiago, Chile. The NGC AU 55 (Almost Uncirculated) grade indicates that the coin has been well-preserved, with slight wear on the highest points, retaining much of its original luster and detail. This grade enhances the coin's appeal to collectors and investors, preserving its historical and economic significance.