Authentic Spanish Cob- Unidentified Shipwreck - 1 Reales - Mounted in Sterling Silver with 18k Prongs & Bale

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Demonization: 1 Reales

Assayer: "R"

Date: Partially visible

Mint: Lima 

Condition: Very Fine

Description: Obverse: Clear Pillar and wave design inspire of ocean wear. Assayer and date partially visible, although not clear. Reverse: Clear cross with partial lion and castle visible

Mount: Sterling Silver with 18K gold prongs in the "fleur de lis style

History: Potosi and Lima coins adopted the Pillar and Waves design in 1684 and 1652, respectively. The vertical lines of the Pillar and Waves design stand for the Pillars of Hercules that stood on either side of the Strait of Gibraltar at the entrance to the Mediterranean Sea. The waves represent the area beyond the pillars, or the Atlantic Ocean where the New World was found by Spain. In the center of the design are the letters, PLV-SLV-TRA (here, P-V-A), which stands for "Further Beyond." The message in this motto gives the impression that Spain had influence and/or control over most of the world, new and old.