Authentic Spanish Cob - 1 Reales - Leather bracelet with sterling silver bezel - Assayer "R"
$1,275
Denomination: 1 Reales
Reign: Philip V
Date: 1706
Mint: Lima
Weight: 3.27 gm
Assayer: “R” (1706)
Mount: 14K gold bezel, Sterling Frame on leather bracelet
Description: Obverse: Bold Jerusalem cross with deeply struck lions and castles in all four quadrants visible. Reverse: Bold strike on pillar and wave design. Denomination "1" visible. Date of 1706 visible. Mint mark “L” and Assayer “R”, clearly visible.
History: Felipe V (Philip) was King of Spain from November 1700 to January 1724, when he abdicated in favor of his son Louis, and from 6 September 1724, when he assumed the throne again upon his son's death, to his death. Philip was the first member of the House of Bourbon to rule as king of Spain. The sum of his two reigns, 45 years and 21 days, is the longest in modern Spanish history.
This coin is a certified member of "The Beachcomber Series" by Shipwreck Treasures of the Keys. It has been numismatically certified as authentic to its time period and demonstrates evidence of environmental wear and corrosion consistent with marine wear related to a shipwreck. Possibly the 1715 Fleet. Coins of The Beachcomber Series do not have official salvager documentation proving their origin from a legal underwater shipwreck recovery. These coins may have been discovered on a beach near a wreck site, legally recovered by a salvager but now with lost documentation, or illegally obtained from a wreck site. No coin suspected of illegal removal from a wreck site will be included in this series. Each coin is certified as an authentic artifact that has survived a shipwreck. The Beachcomber Series also allows for the creation of a database to further our understanding of shipwrecks and their contents, both locally and globally, providing an additional benefit for collectors and researchers alike."