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1597 | Spain 2 Escudo | NGC AU-53
1597 Spanish Gold Cob 2 Escudo
Seville, Spain Mint
NGC About Unc. 53
The 1597 Spanish Gold Cob 2 Escudo, minted in Seville, is a remarkable relic from the late 16th century. Certified by NGC in About Uncirculated 53 condition, it is the oldest coin in this offering and is distinguished by its rarity and historical significance. Unlike many cobs, this piece did not originate from a shipwreck, adding to its unique value.
Gold cobs from Spain in the late 1500s are exceedingly rare, particularly in such well-preserved condition. During this period, Spain lacked domestic gold mines, relying instead on precious metals imported from South America. The gold used for minting this coin was mined in the New World and shipped back to Spain, reflecting the vast reach of the Spanish Empire.
The obverse of these two escudos features a softly-struck design, typical of the hand-hammered cobs of the era. Despite the softer strike, the details remain discernible, showcasing the craftsmanship of the Seville mint. Though subtly rendered, the shield and other elements add to the coin's allure and authenticity.
On the reverse, the iconic cross design is emblematic of Spanish colonial coinage. The preservation of this design, despite the coin's age, highlights its exceptional condition. The intricacies of the cross and surrounding motifs further enhance the coin's historical and aesthetic appeal.
This 1597 Spanish Gold Cob 2 Escudo is acknowledged as the finest known example worldwide. Its unparalleled condition, combined with its age and origin, makes it a truly extraordinary find. Collectors and historians alike will appreciate the coin’s rarity and the story it tells about Spain's colonial exploits and the transatlantic flow of gold.
This 1597 Spanish Gold Cob 2 Escudo offers unmatched value and rarity for those seeking to own a piece of early Spanish history. Its superb condition and historical significance make it a standout piece in any collection. Contact Austin Rare Coins & Bullion today to learn more about this exceptional coin and explore other treasures from the past.
The coin pictured is the exact one you will receive.
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