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|Dimensions (mm)||not provided|
|Weight (carats)||not provided|
|Bi Metalic Coin|
THIS COB IS WELL WORN AS IT WAS EXPOSED TO THE ELEMENTS BUT SOME MARKINGS ARE STILL VISIBLE.
COB IS PURE MEXICAN SILVER REALE O
COIN SHOWS SHIELD OF HAPSBURG ON ONE SIDE,
THIS COIN IS SHOWING SIGNS OF SEA WEAR AND IS NOT READABLE
SIZE 14 x 12 x 1 MM DIAMETER
WEIGHT .6 GRAMS FOR COIN
COIN GRADING ag-3
Spanish ships sailed endlessly carrying coins and treasures from the new world to Spain
Many archaeologists equivalent the amount to GNP of many countries and some consider these coins and treasures to be priceless.
From 16th century Spanish Galleons dominated the seas
Crossing the Atlantic was extremely dangerous due to storms and uncharted rocks
But also other countries targeted these galleons ,especially the ships of England and France
Many of the Caribbean islands had pirates ,many British who attacked these Spanish galleons as they were know to hold incredible wealth
Archaeologists estimate that up to 400 Spanish ships were sunk off Puerto Rico alone and maybe thousand ships sunk of south America
Spanish stories about Eldorado were relevant and many businessmen hired pirates hoping to hit n attack a Spanish galleon loaded with coins and treasures
But many Spanish ship only carried tobacco ,perishable foods also and many pirates had poor results by attacking these ships.
Spain also had reputation of tradable silver coins.
These silver coins were of high standard purity and weight which was rare in these days.
Spain had famous 8 reales silver coin.
It weighed 27.47 grams and was .9305 purity
Spain opened major mints in Mexico city in 1535, Peru, Lima in 1568 ,Potosi in Bolivia in 1575, and Santa Fe De Bogotá Columbia in 1620.
Later, additional mints were located in Guatemala City (from 1733), Santiago, Chile (from 1750), and Popayan, Columbia (from 1758).
These mints produced millions of exact silver reale coins for around 100 years.
Assayers had high importance in hierarchy and many assayers positions were held by political figures as so much power was giving in the importance of their position that the assayer was highly considered in the Spanish social elite.
These silver reale coins were so popular that many English colonies adapted their currency to them as even England didn’t have such high standard of silver coins for trade.
Spain has an incredible history in regards to conquests and the importance of coinage.
Celtic people moved into present pain around 900 BC
In 600 BC the Greeks landed and established trading posts on east coast.
Two centuries later Rome conquered Spain and named it Hispania.
Rome s used Spain as military base and produced coinage with emperors Augustus, Tiberius, and Hadrian.
AD 573 ,the Visigoths from Germany conquered Spain and they re produced Byzantine gold coins.
AD711 Moors from Northern Africa invaded Spain and minted Muslim coinage.
Many wars were fought and not till 1400 did Christian control Spain again and minted the Dinero
Spain had been conquered by many nation but in 1469 with marriage of Isabella and united Spain that an Italian merchant Christopher Columbus was hired and the rest is history of our Spain dominated the new world for century.
Mint State Perfect Un-circulated (MS-70) Mint state un-circulated coin in perfect condition, showing no traces of wear, and no blemishes, scratches, handling or contact with other coins. The best quality coin possible.
Choice (Gem) Un-circulated (MS-65-69) An above average un-circulated coin which retains all of the original mint brilliance or luster, and has a very few contact marks on the surface or rim, which are barely noticeable.
Brilliant Un-circulated or BU (MS-60-64) An un-circulated coin having no traces of wear but which has a few contact marks, surface spotting or lacks some of its original luster.
Choice About Un-circulated (AU-55 & 58)
A coin having very light wear on only the highest points of the design but no other defects and with most of its luster remaining.
About Un-circulated (AU-50) Coin has evidence of light wear on many of the high points but at least half of the mint luster is still present.
Extremely Fine (EF-40)
The coin design is lightly worn in most places but all the features remain sharp and well defined.
Choice Very Fine (VF-30)
Light even wear on the surface and highest parts of the design but most major features and the lettering are sharp.
Very Fine (VF-20)
Minor features such as some of the finer hair detail, feathers, etc. will be moderately worn. Shows moderate wear on high points of design. All major details are clear.
Moderate to considerable even wear over most features and the lettering. A lot of the details are worn through but you can still see a good deal of the design.
Very Good (VG-8)
The entire design is weak, but a few details are visible. Well worn throughout but coin rims still visible.
Heavily worn but design and legend still visible although quite weak in spots. Many details are gone.
About Good (AG-3)
Very heavily worn with portions of lettering, date and legends worn smooth and barely discernable.
|Starts||16th Mar 2009 9:00pm PDT|
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