Lot 147C

1592 Seville Mint 2 Escudos – Philip II | NGC MS61 | Finest of Five Certified!

Estimate: $6,000 - $12,000

Bid Increments

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$0 $25
$100 $50
$500 $50
$1,000 $100
$2,000 $250
$5,000 $500
$10,000 $1,000
$20,000 $2,500
$50,000 $5,000

This extraordinary 1592 Spanish Gold 2 Escudos, struck at the Seville Mint under King Philip II, is certified NGC Mint State 61 and stands as the outright finest known example among only five certified. Minted during Spain’s Golden Age—when its empire stretched across Europe, the Americas, and Asia—this cob gold coin represents the financial engine behind global conquest and maritime dominance. As a Mint State survivor from the 16th century, it occupies an elite tier of preservation rarely encountered in early Spanish colonial gold.

The obverse displays a boldly struck Spanish coat of arms, its quartered shield impressively detailed despite the inherently irregular, hand-struck cob format. The rugged flan and organic shape are hallmarks of authentic period production, enhancing its historical character. On the reverse, a sharply defined Christian cross dominates the design, its deep lines standing in dramatic contrast to the textured gold surfaces. This powerful iconography reflects Spain’s religious and imperial authority at the height of its influence under Philip II, the monarch who presided over the empire’s expansion into a true global superpower.

Seville was one of the principal mints responsible for processing New World bullion, and coins such as this circulated widely throughout Spain’s far-reaching territories. Mint State examples of 16th-century Spanish gold are exceptionally rare, and the distinction of being the finest certified makes this a condition census opportunity. For advanced collectors of Spanish colonial gold or early world coinage, this 1592 2 Escudos represents both historical gravitas and top-tier rarity. The coin pictured is the exact coin you will receive.
 

Condition

This 1592 Seville 2 Escudo, Graded Mint State 61 by NGC, is a remarkable find. Cob coins were notorious for being crudely produced, and finding one in Mint State condition is exceedingly rare. The sharp details of this coin, paired with its minimal wear, elevate it to a premium status among collectors of Spanish gold. The MS-61 grade reflects the coin’s exceptional preservation, ensuring it remains a prized addition to any numismatic collection.

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