Gold Cobs from the Florida shipwrecks of the 1715 Fleet & other New World wrecks. Spanish Colonial gold and silver coins from Lima, Mexico, Cuzco, Bogotá, Cartagena, and other mints.





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L 69. Lima 1746/4/3 V  2 escudos. Unique. Late Lima two escudos are extremely rare: exactly four 2 escudos survive from the entire Vargas era (1739-1748) at Lima. Two 1748 are attested and one 174X, which is probably misidentified as a 1741. This remarkable 1746/4/3 is the fourth known. The overdates on this coin confirm its on-going use for at least a 4 year period (1743-46) and help explain the rarity of late Lima two escudos series. A total of 3,225 two escudos were struck at Lima in the period 1743-1746. A single pair of dies was adequate to twice that mintage. Dies prepared in 1743 were used for the rest Philip V's reign.     



      The lions and castles remain in good condition on this 1746/4/3. The centering is exceptional. Notice a small diagonal die crack at 1 o'clock (from the right end of the top crossbar into the edge). This same die crack (more worn) can be seen on one of the two 1748 two escudos known. This means that a Phillipus cross die continued in use two years into the reign of Ferdinand VI.  That is unusual--Philippus dies were supposed to be retired at the beginning of 1748--but something forced a Philippus die to come out of retirement in 1748.





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