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FROM THE 1715 PLATE FLEET
L 98. Lima 1704 H eight escudos. A lustrous, choice mint state example of one of the rarest Fleet dates. Very round planchet with boldly struck "whigged" lions and castles. Full Bourbon crown. NGC MS 62 1715 Plate Fleet, the only known mint state specimen. (The next highest grade at NGC or PCGS is AU 55). SOLD
Our census of 1704 Lima onzas records six collectible specimens plus two impounded in the Florida State Collection. Of the six collectible specimens, four have Fleet pedigree, all (including this coin) found on the Douglass Beach site (Ft. Pierce, FL). 1704 Lima onzas were clearly not fresh from the mint in 1715. Three of the four 1704 onzas show modest circulation. This coin is the fortunate exception, apparently set aside in 1704 to become part of the merchant hoard of some wealthy Peruvian returning to Spain in 1715.
Notice the "whigged" manes on the lions. Some say this makes them resemble English barristers! This design features disappears on Lima lions after about 1719, and, due to poor striking or damaged dies, cannot be seen on the vast majority of earlier Lima onzas. Notice also the monarch's name PHILIPPUS visible in the legends to the left of the cross, another feature often lacking on smaller planchet Lima onzas (the onza die was 35.5 mm in diameter).
Sold.
terravitan@aol.com or 480-595-1293
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