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

Demonization: 1 Reales                                                         

Assayer: Not clear

Date: Partially visible                                                               

Mint: Lima

Condition: Fine

Description: Obverse: Clear Pillar and wave design despite ocean wear. Assayer and date partially visible, although not clear. Reverse:  high strikes on Lima design cross visible.

Mount: Sterling Silver with 18K gold bale and prongs

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.