{"product_id":"authentic-spanish-cob-1-reales-unknown-shipwreck-dated-1663-copy","title":"Authentic Spanish Cob - 2 Reales - \"Private Collection\"","description":"\u003cp style=\"font-weight: 400;\"\u003e\u003cspan\u003e\u003cstrong\u003eDenomination: \u003c\/strong\u003e2 Reales\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eMint:\u003c\/strong\u003e Potosi\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eReign:\u003c\/strong\u003e Philip III\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eDate:\u003c\/strong\u003e Not Visible\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eAssayer: \u003c\/strong\u003eNot Visible\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eBezel: \u003c\/strong\u003eSterling Silver with 14K prongs \u0026amp; bale\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003eDescription:\u003c\/b\u003e \u003cem\u003eObverse:\u003c\/em\u003e Heavily stuck Greek cross with lions and castles visible in 3 quadrants. Reverse: Hard Strike on Hapsburg shield. Mint mark visible. Unidentifiable Assayer's mark visible under mint mark.\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e\u003cspan\u003eHistory:\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003e\u003c\/span\u003e\u003c\/b\u003e\u003cspan\u003eThis coin is a certified member of \u003ci\u003ethe “Beachcomber Series\u003c\/i\u003e” by Shipwreck Treasures of the Keys. It has been numismatically certified as authentic to its time period.  Spanish colonial coinage, known as cobs (from the Spanish Cabo de Barra, meaning end of the bar\") were the primary currency of the Spanish empire east territories in the America's from the earl 16th to the mid 18th century.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThey were produced in colonial mints, such as those in Mexico City, Potosi (modern day Bolivia) and Lima, to quickly convert massive amounts of silver and gold into spendable currency for trade and shipments back to Spain.  The silver cob, famously known as pieces of eight became the first widely accepted global currency., circulating across Europe, the Americas, and Asia. Due to issues with counterfeiting and clipping, cobs were gradually phased out in the 18th century in favor of more uniform, machine struck (milled) pins with a protective edge design.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eOur private collection database helps to further our understanding of shipwrecks and their contents, both locally and globally, providing an additional benefit for collectors and researchers alike.\"\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003eCob-2901\u003c\/p\u003e","brand":"Lucas","offers":[{"title":"Default Title","offer_id":44098749366359,"sku":"COB-2901","price":2325.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0084\/7059\/3587\/files\/IMG_6752_895de0ac-4f3f-43f0-a049-48e824eeccf1.heic?v=1785709250","url":"https:\/\/shipwrecktreasuresofthekeys.com\/products\/authentic-spanish-cob-1-reales-unknown-shipwreck-dated-1663-copy","provider":"Shipwreck Treasures of the Keys","version":"1.0","type":"link"}