Description: Introduction to Spanish Colonial Escudos The Spanish colonial escudo is a gold coin that played a pivotal role in the economic and historical narrative of the Spanish Empire. Minted in various regions of Spanish America, the escudo was an essential component of international trade and colonial wealth. The coin's intricate designs and varying regional marks reflect the diverse influence of Spanish colonial rule across different territories. The escudo coins are a testament to the rich history of the Spanish Empire, showcasing the artistry and economic significance of the period. Below is a more detailed description of this coin:1789NG M GuatemalaStruck in the New Guatemala mint, this very rare escudo coin from the late 18th century illustrates the expansion of Spanish minting operations in the Americas. The coin is notable for its well-preserved details and the historical context of its production during a period of colonial prosperity. Mintage and Rarity: While the exact mintage of the 1789NG M Guatemala Gold 8 Escudos is indeterminable, coins from this era are known for their limited production and survival rates. NGC has one coin in grade AU58, four in lower grades, and one in "Details", which are not comparable in value and normally not included in census statistics for "non-Details" coins (six coins total). PCGS has zero coins in AU58 and two in lower grades (two coins total). In all, there are eight graded coins between NGC and PCGS, one of which is AU58 (this coin); there are no higher grades. This scarcity contributes to the coin's desirability and value in the numismatic market. The very low graded population and relatively high-grade condition add extra layers of rarity and intrigue, making it a highly sought-after piece for collectors and historians alike. Valuation: NGC price guide for the 1789 coin in XF is $13,500. There is no price guidance for 1789 coins over XF. Coin Design Details: ObverseBust right with legend around and date at bottom.Script: LatinLettering: CAROL • IV • D • G • HISP • ET IND • R • 1789 •Unabridged legend: Carolus IV Dei Gratia Hispaniarum Et Indiarum RexTranslation: Carlos IV by the grace of God King of Spain and the IndiesReverseCrowned arms shield flanked with value, surrounded by order chain, with legend around. With mint and initial at bottom.Script: LatinLettering: IN • UTROQ • FELIX • AUSPICE • DEO 8 S • NG • • M •Translation: May God bless him with happiness in both. 8 Escudos Nueva Granada MMintNGCasa de Moneda de Guatemala, Guatemala City, Guatemala (1733-date) Coin Series Highlights:IssuerGuatemalaKingCharles IV (Carlos IV) (1788-1808) TypeStandard circulation coinYears1789-1790Denomination8 EscudosCurrencyRealCompositionGold (.901)Weight27.0674 gShapeRoundTechniqueMilledOrientationMedal alignment ↑↑DemonetizedYesNumberN#59892ReferencesKM# 49Shipping is free USPS Registered, Ground Advantage, or Priority mail with signature confirmation. Our products are guaranteed genuine, so if found otherwise, may be returned for a full refund.
Price: 39900 USD
Location: Spring, Texas
End Time: 2024-10-31T21:46:48.000Z
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Item Specifics
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Denomination: 8 Escudos
Circulated/Uncirculated: Circulated
Composition: Gold
Year: 1789
Certification Number: 4216838-001
Color: Gold
Currency: Real
Fineness: 0.901
Grade: AU 58
KM Number: 49
Country/Region of Manufacture: Guatemala
Certification: NGC
