© Heritage Auctions
© Heritage Auctions
8 Escudos - Philip V
| Gold (.917) | 27.0764 g | - |
| Issuer | Guatemala |
|---|---|
| King | Philip V (1700-1724, 1724-1746) |
| Type | Standard circulation coin |
| Years | 1733-1745 |
| Value | 8 Escudos (128) |
| Currency | Real (1733-1859) |
| Composition | Gold (.917) |
| Weight | 27.0764 g |
| Shape | Round (irregular) |
| Technique | Hammered (cob) |
| Orientation | Medal alignment ↑↑ |
| Demonetized | 23 August 1873 |
| Updated | 2024-10-05 |
| Numista | N#26071 |
|---|---|
| Rarity index | 95% |
Reverse
Crowned arms shield surrounded by order chain, flanked by initial and value, With legend around.
Script: Latin
Lettering:
• J • • 8 •
INITIUM SAPIENTIÆ TIMOR DOMINI
• G •
Translation:
J 8 Escudos
The beginning of wisdom is the fear of God
Guatemala
Engraver: Jose de Leon y Losa
Comment
Even though this coin appears round, it is imperfect and it is often considered a Cob coin.These coins were officially demonetized by the Guatemalan government in 1873. Individuals only had three days in which to redeem cob coinage for current coinage or promissory notes. Colonial era coinage in El Salvador was also redeemed.
Interesting fact
The 8 Escudos coin from Guatemala, minted during the reign of Philip V (1733-1745), is a rare and valuable coin that is highly sought after by collectors. One interesting fact about this coin is that it was minted using the "corgo" method, which involved striking the coin multiple times to achieve the desired weight and detail. This method resulted in a unique "hammered" look, giving the coin a distinctive texture and character that is prized by collectors. Additionally, the coin's gold content (.917) and weight (27.0764g) make it a valuable and sought-after piece for numismatists and gold investors alike.
