Authentic Spanish Cob 1 Reales - Unknown Shipwreck - Mounted in Sterling Silver with 18k Prongs & Bale
$925
Demonization: 1 Reales
Assayer: Not clear
Date: Partially visible
Mint: Potosi
Condition: Fine
Description: Obverse: Despite ocean wear there is a clear mint mark “P”. The date is unclear however the Jerusalem cross was minted from 1652 to 1772 at the Potosi mint. Reverse: Heavy Ocean wear with slightly visible Jerusalem cross.
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. These coins continued our the of the Potosi mint until 1772The 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.
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