1598-1621 Seville 2 Escudos (OMNIVS Type) NGC XF Details

seville 2 escudos rare OMNIVS variety philip iii treasure coin doubloon
seville 2 escudos rare OMNIVS variety philip iii treasure coin doubloon

Item #CC-1021| 1598-1621 Seville 2 Escudos (OMNIVS Type) NGC XF Details
Mint: Seville
Assayer: NV
Ruler/Period: Philip III
Grade: XF Details

For details and population on this coin from NGC, click on the serial number here: 8912882-003.

Description: A wonderfully attractive specimen of a 2 escudos with a large planchet! The coin’s surfaces show signs of a rusted die, seen by the pitted surfaces in places, and has an overall gorgeous look. The shield shows some slight signs of doubling, with the cross on the reverse nearly perfectly centered. NGC states they think it is cleaned, however we see no signs of heavy polish or cleaning that would take it out of a solid XF grade. Nonetheless, it is a solid coin over all and a rarer variety with only a few examples known of the OMNIVS type.

Beginning in the early 16th century, the Spanish Empire emerged as the world’s dominant global power, fueled by vast silver and gold resources from the Americas. To manage this wealth, Spain established major colonial mints, starting with the Mexico City Mint in 1535, followed by others such as Lima and Potosí. Early Spanish coins were hand-struck silver cobs, including the famous 8 reales, which became the first truly global currency, circulating throughout Europe, the Americas, Africa, and Asia. By the late 17th and 18th centuries, Spain transitioned to milled coinage with more precise designs to combat fraud and debasement. Spanish imperial coinage not only financed wars and trade but also shaped the foundations of the modern global monetary system.

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$3,500.00