1702 MEXICO BOB JOHNSON 8 ESCUDOS NGC 61 1715 FLEET SHIPWRECK PIRATE GOLD COINS

Description: The 1702 Eight Escudos of the Viceroyalty of El Peru The 1702 eight escudos, minted during the reign of Philip V, stands as a remarkable artifact from the Viceroyalty of El Peru. This particular coin is notable not only for its exquisite craftsmanship but also for its rarity, as it is one of only two known 1702's found by Bob Johnson. Its journey from the mint in Lima to the depths of the ocean encapsulates a rich narrative of colonial ambition and the perils of maritime ventures. The coin was struck during a transformative period in Spanish history. Following the death of Carlos II in 1700, Philip V ascended to the throne, marking the beginning of Bourbon rule. This transition was significant, as it initiated changes in coin design and minting practices. The 1702 eight escudos features the newly introduced Bourbon crown and the inscription "PHILIPPUS," symbolizing the new monarchy’s influence over the colonies. The coin's provenance adds to its allure. On Memorial Day in 1964, treasure hunter Bob Johnson unearthed two 1702 Lima onzas at the Nieves site, known for its historical significance. These coins were found in a disintegrated chest alongside Lima and Mexican gold cobs, remnants of the ill-fated 1715 Fleet, which tragically sank during a hurricane off the coast of Florida. This disaster resulted in the loss of a significant treasure trove, leading to one of history’s most famous treasure hunts. Johnson retained one of the 1702 onzas for his personal collection and sold the other—now known as the subject of this essay—through Real 8 to collector Xavier Calico. Remarkably, this coin remained in a private Spanish collection for fifty years, a testament to its value and the intrigue surrounding Fleet treasures. The design of the 1702 eight escudos is striking. Struck on a large, round planchet, it showcases a full crown and an almost perfect pillar centering. The reverse features the crowned Pillars of Hercules, flanked by waves, a powerful symbol of exploration and conquest during this era. The inscription on the top register—L-8-H—indicates that it was assayed by Captain Francisco Hurtado, the first gold assayer in Lima. The clear, bold lettering exemplifies the advancements in minting techniques at the time. In conclusion, the 1702 eight escudos is not merely a coin; it is a tangible link to a vibrant historical narrative involving exploration, imperial ambition, and maritime tragedy. Its association with the 1715 Fleet and its subsequent discovery by Bob Johnson enriches our understanding of the complexities of Spanish colonial history and the relentless pursuit of treasure that defines it.35

Price: 95450 USD

Location: La Jolla, California

End Time: 2024-11-24T00:26:19.000Z

Shipping Cost: N/A USD