Peru, 8 Escudos (Portrait Type)
Origin: Sub-America, Lima, Peru
Gift of the Lasser Family
Acc. No. 2000-145,162
Coin, 8 Escudos, Charles III portrait.
Label:With such so many diverse coins circulating in early America, it isn't surprising that some became so popular that they are now legendary. A few of these coins are recognized even today, either by name or design, by folks who don't have an interest in old coins. Technically a nickname, the term "doubloon" refers to the largest circulating Spanish or Spanish colonial gold coin, worth 8 escudos, or about $15 to $16, depending which colony and city you were in.
Struck at a number of different mints, there were two basic types of doubloons. The earlier type, known as a "cob," was somewhat blobby, irregularly shaped and crude. The later sort was referred to as "milled," meaning it was round in shape, had a fancy edge, and was generally well made.
This milled "doubloon" bears the portrait of Charles III, the reigning King of Spain.
Provenance:Harmer Rooke Numismatists, 2/28/1980