PERU. Cob 8 Escudos, 1720-L M. Lima Mint. Philip V. NGC AU Details--Mount Removed.Fr-7; KM-38.2; Cal-2132. This shimmering example is nicely centered and well detailed for the type, offering strong and readable characters and a particularly boldly impressed Spanish arms on the reverse. Noted by NGC, there has been a mount removed from the edge of the coin, leaving evidence at approximately the 9 oclock edge. These Escudos are demanded in any condition, and this example is sure to appeal given the shimmering nature and <strong>RARITY </strong>of the type. Likely to be fought over, this example will improve the next collection of cobs it enters.