Authentic Spanish Cob - Unknown Shipwreck - 1 Reales - Sterling Silver ring with 18K Bezel - (Copy)

Denomination: 1 Reales

Grade: Choice Fine

Mint: Potosi

Assayer: Not Visible

Reign: Philip III

Weight: 3.00 gm

Date:  Not Visible

Bezel: Sterling Silver Ring with 18K Bezel

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. 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 or legally recovered by a salvager but now with lost documentation. Each coin is certified as an authentic artifact that has survived a shipwreck. Many coins similar in make and appearance were loaded aboard the Atocha., a ship that sank off the coast of the Florida Keys. 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. 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. Our 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."

Cob-16363