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Parcel (4) Spanish Maravedis Cob 16 th Cent Philip II, AC 641

SKU
Dimensions (mm)
18.000 x 18.000 x 2.000mm
Weight (g)
0.200
Year
1600
Colours

16th th century Spanish Cobs 4

PHILIP

 4 coins as per images

size l 18    mm

weighs  9 grams

condition mixed  vg-8

 

 

 

History

The first real was introduced by King Pedro I of Castile at a value of 3 maravedíes .  This rate of exchange increased until 1497, when the real was fixed at a value of 34 maravedíes. The famous Peso de a Ocho (“piece of eight” is referred to the value of 8 Reales = 1 Silver Peso) also known as Spanish dollar ,  was issued that same year, and it later became widespread in America and Asia.  In 1566, the gold escudo was introduced, worth 16 reales. The “Peso de a ocho” or “Piece of eight” is a one-ounce silver coin, not to be confused with the minor coins: 4 Reales, 2 Reales, 1 Real and the little (half inch diameter) Half Real.

During this period, Spanish coinage became popular in international trade and commerce, and remained so for centuries.

17th century

In 1642, two distinct reales were created, the real de plata (made of silver ) and the real de vellón (made of billon , or “less than half silver”). The exchange rate between these two coins was set at 2 reales de vellón = 1 real de plata. The maravedí was tied to the real de vellón, causing the real de plata to be worth 68 maravedíes. The gold escudo was worth 16 reales de plata.

ref wikipidea.org

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ancientcoins
ancientcoins
ancient coins is partnership with Spanish and Australian coin collector. the ancient coins are sourced mostly from Spain and Germany and shiped from coinsplus head office in australia
Gold Coast, Australia
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Bids History (2)
kladorf
Purchased from this seller previously
5 years ago
$2.00
paso
Purchased from this seller previously
6 years ago
$1.00

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Shipping Details

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Payment Options

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Overview

Listing Type : Standard
Product ID : 17283
Estimated RRP : $49.00
Starting Bid : $1
Starts : 5th March 2018 10:25 am AEST
Ends : 2nd April 2018 10:25 am AEST
* All prices are in USD