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Peru: silver 'cob' type 8 reales ('Piece of Eight'), 1699-R

lordmarcovanlordmarcovan Posts: 44,210 ✭✭✭✭✭
edited February 8, 2020 5:19PM in World & Ancient Coins Forum
Peru: silver "cob" type 8 reales ("Piece of Eight"), 1699-R

Obverse: Cross of Jerusalem, lions and castles in quarters.
Reverse: PLV/ SVL/ TRA between pillars of Hercules.
KM24, .931 silver/.8102 oz. NGC VF30, cert. #2063600-003. Ex- "topstuf", Collectors Universe, 9/21/2015.

This is not my first piece of eight, but my first cob of any denomination, unless you count the coblike 1658 4-maravedis* piece I dug while detecting at a Spanish mission site on St. Simons Island, Georgia. But that is copper. I like the beveled look of the flan on this coin. These primitive coins are as individual as snowflakes, and each has a character of its own.

According to some (probably apocryphal) sources, the term "cob" comes from the Spanish cabo de barra, or "end of the bar", but this may be a misnomer, since these coins were not probably struck from silver sawed off the end of a bar. They were, however, with the exception of rare "royal strikes", crudely struck and irregular in shape. Another popular nickname these have is "piece of eight", and that is correct enough, for the denomination was eight reales in this case. Cobs were also struck in smaller silver denominations of 1/2, 1, 2, and 4 reales, and also in gold denominations of 1/2, 1, 2, 4, and 8 escudos. Because the value doubles with each larger denomination, the gold coins were often referred to as "doubloons". The gold doubloons and silver pieces of eight struck in the Spanish colonial mints have a long, romantic history and are popularly associated with shipwrecks and pirates, since they were the mainstay of commerce in the New World and later the 8-reales coins inspired the U.S. dollar.


image

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NGC cert verification page (no images, but does have a link to the NGC/Krause catalog valuation page)

Wikipedia links:
Spanish dollar
Pillars of Hercules
Spanish Empire (the New World)
Peru (Conquest and Colonial period)

When posted here, this coin was part of my "Eclectic Box of 20" collection.

Collector since 1976. On the CU forums here since 2001.

Comments

  • ajaanajaan Posts: 17,736 ✭✭✭✭✭
    And here I was expecting an ear of corn. image

    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • SmEagle1795SmEagle1795 Posts: 2,201 ✭✭✭✭✭
    Fantastic! Love the 1699 date as well.
    Learn about our world's shared history told through the first millennium of coinage: Colosseo Collection
  • brg5658brg5658 Posts: 2,399 ✭✭✭✭✭
    Very attractive LordM. I've been looking for one of these myself, but I'm happy to live vicariously through you for now! image

    Best, Brandon
    -Brandon
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    My sets: [280+ horse coins] :: [France Sowers] :: [Colorful world copper] :: [Beautiful world coins]
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  • ZoharZohar Posts: 6,688 ✭✭✭✭✭
    Never seen one before - this coin has history all over it!
    Habsburg Talers

    TalerUniverse.com is a curated numismatic project dedicated to the silver talers, crowns, and medals of the Habsburg Empire and the Holy Roman Empire, spanning the 16th–18th centuries. The collection emphasizes historically significant issues, rare mint varieties, and high-grade NGC/PCGS examples, presented with detailed historical context, scholarly references, and high-resolution photography. TalerUniverse aims to serve both as a private collection showcase and a growing reference resource for collectors, researchers, and students of early-modern European coinage.
  • nicholasz219nicholasz219 Posts: 1,386 ✭✭✭
    Man, that is sweet LM. I can't tell anyone in my family this because they will think I am totally crazy, but every time I go to the ocean, I secretly hope one of these will be lying at the surf line as I walk down the beach.

    In this condition.

    And slabbed.
  • lordmarcovanlordmarcovan Posts: 44,210 ✭✭✭✭✭


    << <i>Man, that is sweet LM. I can't tell anyone in my family this because they will think I am totally crazy, but every time I go to the ocean, I secretly hope one of these will be lying at the surf line as I walk down the beach.

    In this condition.

    And slabbed. >>

    image

    I totally know what you mean, except for maybe the slab part. image

    Collector since 1976. On the CU forums here since 2001.

  • WillieBoyd2WillieBoyd2 Posts: 5,327 ✭✭✭✭✭
    I would like to own a Cob.

    Until I do here is Walt Disney's Cob:

    image

    Spanish silver 8 reales "piece of eight" 1685 given to Walt Disney in 1950 to celebrate the completion of the
    feature film "Treasure Island", which was filmed in Great Britain in cooperation with a British film company.

    image
    https://www.brianrxm.com
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  • lordmarcovanlordmarcovan Posts: 44,210 ✭✭✭✭✭


    << <i>I would like to own a Cob. >>

    Well, I would like to own an aureus, and I know you have one. So... wanna swap? image

    Collector since 1976. On the CU forums here since 2001.

  • AndresAndres Posts: 977 ✭✭✭
    Congrats Rob , image
    Minted under King Carlos II of Spain (the bewitched) in Lima Peru by mintmaster Miguel de Rojas Jr .(capital R left of 99)
    Andres
    collector of Greek banknotes - most beautifull world banknotes - Greek & Roman ancient coins.
  • TwoKopeikiTwoKopeiki Posts: 9,931 ✭✭✭✭✭
    Very attractive cob - nicely done, Lord M!
  • ashelandasheland Posts: 24,112 ✭✭✭✭✭
    Nice choice, Rob!
  • WillieBoyd2WillieBoyd2 Posts: 5,327 ✭✭✭✭✭

    Walt Disney had one and now I have one:

    image
    Spanish America silver eight reales "cob" type 1685 Potosí (Charles II)
    Silver, 39mm x 40mm, 25.11gm

    :)

    https://www.brianrxm.com
    The Mysterious Egyptian Magic Coin
    Coins in Movies
    Coins on Television

  • bidaskbidask Posts: 14,053 ✭✭✭✭✭

    I think cobs are underarated.

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




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