Silver Mexican Cobs 8 Reales, 4 Reales, Mexico City Mint

 

Silver Cobs of Mexico, 1536-1733

 

Mexico CityThe mint at Mexico City was the first to strike coins for the Spain in the New World. It started in 1536 with some round and very well-executed issues under Charles-Joanna that are technically not known as cobs, and then it changed to the more familiar shield-type design in the late 1500s. This Mexican shield-type design was known around the world as a reliable coin, a true universal currency, the "piece of eight" that was referred to in nearly every major commerce area in its time (1600s and 1700s).

In 1732-1734 the shield-type cob was finally phased out and eventually replaced (after an experimental, machine-struck but hand-cut "klippe" type) by the even more-famous machine-made "pillar dollars."

 

 

Charles & Joanna "Early Series"

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Mexico City, Mexico, 4 reales, Charles-Joanna, "Early Series," assayer P to left, mintmark M to right (oPo-oMo), panel leaning left, HISPANIE, very rare, ex-Jones (Plate Coin). Nesmith-21; Cal-77 type; S-M4; KM-17. 12.96 grams. One of the earliest types of assayer-P coinage, the P-M in the 4 reales was unknown to Nesmith. Hallmarks of its early time period are the use of K in place of H, double rondules-in-annulets as stops between words, and HISPANIE in the pillars legend. A bold AU with mostly smooth fields and very light toning, some minor oxidation on pillars side only, this example a good complement to later P coins in any collection. Pedigreed to the Dr. Peter Jones collection, plated on page 62 of his book The First Coins of the Americas (2020), and to the El Mundo de la Moneda auction of 2012, with original lot-tag #246.

Mexico City, Mexico, 4 reales, Charles-Joanna, "Early Series," assayer P to left, mintmark M to right (oPo-oMo), panel leaning left, HISPANIE, very rare, ex-Jones (Plate Coin). Nesmith-21; Cal-77 type; S-M4; KM-17. 12.96 grams. One of the earliest types of assayer-P coinage, the P-M in the 4 reales was unknown to Nesmith. Hallmarks of its early time period are the use of K in place of H, double rondules-in-annulets as stops between words, and HISPANIE in the pillars legend. A bold AU with mostly smooth fields and very light toning, some minor oxidation on pillars side only, this example a good complement to later P coins in any collection. Pedigreed to the Dr. Peter Jones collection, plated on page 62 of his book The First Coins of the Americas (2020), and to the El Mundo de la Moneda auction of 2012, with original lot-tag #246.

e112004191022e $2875

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Charles & Joanna "Late Series"

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Mexico City, Mexico, 4 reales, Charles-Joanna, Mexico City, Mexico, 4 reales, Charles-Joanna, "Late Series," assayer L to left, mintmark M to right (L-M), ex-Jones. Nesmith-82 type; Cal-86; S-M9; KM-18. 13.05 grams. Choice broad flan that extends beyond the outer border in places, well-struck XF/AU with dark toning, traces of surface oxidation, minor doubling on shield-side legend. Pedigreed to the Dr. Peter Jones collection and to the Coin Galleries auction of November 2000, with original lot-tag #1147. e112004191023 $795
Mexico City, Mexico, 4 reales, Charles-Joanna, Mexico City, Mexico, 4 reales, Charles-Joanna, "Late Series," assayer O to right, mintmark oM to left (oM-O). Nesmith-110b; Cal-88; S-M10; KM-18. 13.10 grams. XF with flat spots on a crudely uneven flan, somewhat silvery. e112004191024 $595

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Shield Type

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Mexico City, Mexico, cob 8 reales, Philip IV, assayer P, with test-chop. Mexico City, Mexico, cob 8 reales, Philip IV, assayer P, with test-chop. Mexico City, Mexico, cob 8 reales, Philip IV, assayer P, with punchmark as from circulation in Indonesia. 26.6 grams. S-M19; KM-45. Decent full cross and shield despite peripheral flatness, full oMP, typically dark all over but no corrosion, the diamond-shaped punchmark on reverse not completely attributed e082118021004 SOLD

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Mexico City, Mexico, cob 1 real, Philip II, assayer O to right, mintmark oM to left (oM-O). Mexico City, Mexico, cob 1 real, Philip II, assayer O to right, mintmark oM to left (oM-O). e112112161002 SOLD

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