History: Lima Mint 1577-1588
This cob is known as a "Lima Star," and requires a very close look at the Mint Mark on the shield side of the coin. To the left of the shield appears a very small star, directly above the "D" Assayser's mark. The Star commemorates the date the mint was founded, January 6, 1565, also known as the Christian Day of the Epiphany. The Star is known as The Star of Magi.
These coins were authorized by the King to be used as currency in Peru, only. They were not minted to be turned into cargo on board a Spanish treasure vessel.
Assayer D: Diego de la Torre
Diego's coins are, to this day, known in the coin world as some of the most pristinely struck cob coins under the Spanish crown. Diego is widely known as an Assayer who took great pride in the craftsmanship of both his dies and his coins. These pieces are also loosely known as "Lima D's" - their reputation as the best quality of all Spanish cobs precedes them.