$1,325
Mount: Sterling silver ring with 18K bezel
Grade: Fine
Description: Obverse: Coin is holed at bottom. Well struck and centered Jerusalem cross. Lions and Castles visible in 4 quadrants. Reverse: King Philip V's monogram across field.
History: Early cob coins, produced before the Reign of King Phillip III were well-rounded and neatly struck. They were produced at the New World Mints in Lima, Potosi, Colombia, and Mexico City. When the mints first opened under the Spanish crown, the mint master took great pride in the quality and condition of each hand-struck coin. 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. 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."
ID15579