(sold for $65.0)

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1611-1621, Kingdom of Spain, Philip III. Silver 4 Reales Cob Coin. Seville?

Mint Place: probably Seville  Denomination: Cob o 4 Reales Reference: Calico Type 91-93, KM-38.1.   Mint Period: 1611-1621 (date not visible!) Condition: Dark oxidation deposits, scratches, otherwise VF+ Weight: 13.51gm Diameter: 30mm   Material: Silver

Obverse: Cross of Jerusalem with lions and castles in quarters. 

Reverse: Coat of Arms of the spanish line of the House Habsburg. Value (°IIII°) and parts of legend recognizable in right field.   Legend: PHILIPPVS...   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 III (Spanish: Felipe III; April 14, 1578March 31, 1621)   was the King of Spain and King of Portugal and the Algarves, where he   ruled as Philip II of Portugal (Portuguese: Filipe II), from 1598 until his death. His   chief minister was the Duke of Lerma. Philip III married Margaret of   Austria, sister of Emperor Ferdinand II, and like her husband, a member   of the House of Habsburg.

Born in Madrid, the son of Philip II of Spain and his   fourth wife (and niece) Anna, daughter of the Emperor Maximilian II and   Maria of Spain. He shared the viewpoints and beliefs of his father,   including his piety, but did not inherit his industry. The diligent old   king had sorrowfully confessed that God had not given him a son capable   of governing his vast dominions, and that he had foreseen that Philip   III would be led by his servants. This assessment ultimately proved   correct. In the view of historian J. H. Elliott, his "only virtue   appeared to reside in a total absence of vice".

The new king put the direction of his government   entirely into the hands of his favourite, the Duke of Lerma, Francisco   Goméz de Sandoval y Rojas, and when he fell under the influence of   Lerma's son, Cristóbal de Sandoval, the Duke of Uceda in 1618, he   trusted himself and his states to the new favourite. Unlike his father,   Philip was not interested in the day-to-day business of government. He   spent many months each year travelling to different palaces with his   court, away from the government centre. His household costs rose   enormously at a time of falling income.

He died at Madrid on March 31,   1621. The story told in the memoirs of the French ambassador   Bassompierre, that he was killed by the heat of a brasero (a   pan of hot charcoal), because the proper official to take it away was   not at hand, is a humorous exaggeration of the formal etiquette of the   court.

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This coin has been sold for   $65.0 / 2018-12-05

Transaction details: https://www.hobbyray.com/page-cache/6d5ac27e6d75465590b3b440a4b60f80.html
Posted by: anonymous
2018-11-29
 
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