Description: Mexico City Gold Cob 1 Escudo (1711) – A Rare Treasure from the Legendary 1715 Fleet This exceptional gold cob 1 escudo, struck in Mexico City in 1711, represents a remarkable piece of history and artistry. Graded PCGS MS63, it holds the distinction of being the finest known specimen in the PCGS census. Its rarity and historical significance make it a coveted artifact for collectors and historians alike.A Glimpse into the Era of Philip V During the early 18th century, Philip V of Spain reigned over a vast empire that stretched across Europe and the Americas. Known as the first Bourbon king of Spain, Philip ushered in reforms to centralize power and modernize Spain’s administration. His reign marked a pivotal period in the Spanish colonial economy, fueled by immense wealth flowing in from New World treasures like the escudo. Gold cobs minted in Mexico City—such as this one—played a critical role in funding Spain's global ambitions and maintaining its status as a dominant maritime power.Distinctive Features of the 1711 Escudo This escudo stands out for its choice full cross design, a rare variety exclusive to 1711 escudos. Notably, the cross features distinctive "ears" between its crossbars—a detail that collectors prize for its unique attribution to this date and denomination. While the 1711 date is not visible on the coin itself, it is confirmed by historical records and noted on the certification label. On the reverse, the bold shield and denomination "I" are immaculately struck, showcasing the expert craftsmanship of the Mexico City mint. The coin’s lustrous gold sheen and rich color further enhance its allure, reflecting its near-pristine condition despite centuries spent underwater.Recovered from the Fabled 1715 Fleet This escudo owes its survival to the 1715 Fleet, one of the most infamous shipwrecks in history. On July 31, 1715, a convoy of 11 Spanish treasure ships, laden with gold, silver, and jewels, was struck by a hurricane off the east coast of Florida. The fleet was en route to Spain, carrying immense wealth from its American colonies. The disaster claimed hundreds of lives and scattered priceless treasures across the ocean floor. For centuries, these treasures lay hidden, until modern salvage operations rediscovered them in the mid-20th century. Coins like this escudo are tangible links to the dramatic story of Spain's maritime empire and the perilous voyages that brought its wealth home.A Legacy of Intrigue and Artistry The 1711 Mexico City gold cob 1 escudo is more than just a coin—it’s a testament to an era of exploration, empire, and enduring mystery. With its rare design, unparalleled condition, and direct connection to the legendary 1715 Fleet, this coin is a dazzling reminder of a time when treasures from the New World fueled the ambitions of kings and empires.
Price: 11950 USD
Location: La Jolla, California
End Time: 2025-01-20T23:51:17.000Z
Shipping Cost: N/A USD
Product Images
Item Specifics
All returns accepted: ReturnsNotAccepted
Denomination: 2 Escudos
Composition: Gold
Year: 1715
Grade: MS 63
Country/Region of Manufacture: Mexico
Certification: NGC
