$27.00 USD
Price

Parcel Maravedis Cob 16-17thCent Philip II, III, IV

7438
1

SKU
AC415
Dimensions (mm)
12.000 x 12.000 x 1.000mm
Weight (g)
0.200
Colours

16-17th th century Spanish Cob

parcel 5 coins as per images

size    l 2mm

weighs 18.32grams

condition mixed  vg-4 to f-12

 

 

 

History

The first real was introduced by King Pedro I of Castile at a value of 3 maravedíes . This rate of exchange increased until 1497, when the real was fixed at a value of 34 maravedíes. The famous Peso de a Ocho ("piece of eight" is referred to the value of 8 Reales = 1 Silver Peso) also known as Spanish dollar , was issued that same year, and it later became widespread in America and Asia. In 1566, the gold escudo was introduced, worth 16 reales. The "Peso de a ocho" or "Piece of eight" is a one-ounce silver coin, not to be confused with the minor coins: 4 Reales, 2 Reales, 1 Real and the little (half inch diameter) Half Real.

During this period, Spanish coinage became popular in international trade and commerce, and remained so for centuries.

17th century

In 1642, two distinct reales were created, the real de plata (made of silver ) and the real de vellón (made of billon , or "less than half silver"). The exchange rate between these two coins was set at 2 reales de vellón = 1 real de plata. The maravedí was tied to the real de vellón, causing the real de plata to be worth 68 maravedíes. The gold escudo was worth 16 reales de plata.

ref wikipidea.org

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ancientcoins
ancientcoins
Explore ancient treasures at Ancient Coins Store, a collaboration with passionate collectors. Our collection showcases authentic coins primarily from Europe, shipped from our headquarters at CoinsPlus in Australia. Immerse yourself in history with our carefully curated selection, backed by 20 years of expertise.
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  • ben92
    ben92
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    A great bit of history. Great price and coin

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    cherith
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    Great coin at a great price and all as pictured. Also fast shipping. Thankyou.

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Overview

Listing Type : Standard
Product ID : 2729
Starts : 20th December 2024 11:00 am AEST
* All prices are in USD