The 1789 8 Escudos of Popayán struck in the name of Carlos III are very scarce, and in this high grade they are significant rarities. This example is well centered, well struck, and thoroughly lustrous. Both sides are bright light yellow gold, with considerable reflectivity on the reverse. Only light handling is seen on the obverse, and scrutiny finds no noteworthy defects. Quite likely unimproveable. From the Eldorado Collection of Colombian and Ecuadorian Coins.<p>From Hans M.F. Schulmans sale of December 1969, lot 1537.
