1612-1621, Spain, Philip IV. Silver 8 Reales Cob Coin. NGC VF-35!
Assayer: D Reference: KM-37.3. Mint Period: 1612-1621 Mint Place: Seville (S) Denomination: 8 Reales (Piece of Eight) Condition: Certified and graded by NGC as VF-35! Material: Silver Weight: 25.75gm Diameter: 39mm
Obverse: Cross of Jerusalem with lions and castles in quarters.
Reverse: Coat of Arms of the Spanish line of the House Habsburg. Mint and letter (S) above assayer letter (D) to left, value (VIII) to right.
For your consideration a nice 8 reales silver cob coin, struck ca. 1622-1628 at the Seville mint (Spanish mainland) during the reign of Philip IV of Spain. A nice, certifed and 100% authentic cob coin with a numerical grade!
The first coinage of the New World and what comes to mind when we think of Pirate Treasure are pieces of eight. These first coins, often called cob coins, were made from roughly cut planchets (blanks) by striking them with hand dies. The word Cobb comes from a simplification of the Spanish phrase, Cabo de Barra, which translates as, from a bar. After the coins are struck, they are weighed by an assayer who cuts off any excess Silver which is why most coins have some of the impression cut away. Due to this method of manufacturer no two coins are alike and many are collected for their unique shapes alone. The Cobb coin, like anything that is no longer available is becoming very scarce and hence more valuable. The few remaining Coins are the last vintage of the glory days of pirates and Treasure hunting and are fast disappearing into private hands.
Philip IV (Felipe IV, (8 April 1605 – 17 September 1665) was King of Spain between 1621 and 1665, sovereign of the Spanish Netherlands, and King of Portugal until 1640. On the eve of his death in 1665, the Spanish empire reached its historical zenith spanning almost 3 billion acres.