Authentic Spanish Cob - 1 Reales - Mounted in Sterling silver with 14K gold prongs and bale

Denomination:  1 Reales Date: Circa 1571-1589 Mint:  Mexico      Assayer: "O" Bernardo de Ornate      Grade: Very Fine                                                     Weight: 7.0 gm Mount:  Sterling Silver with 14K prongs and bale Description:  Spanish cob minted in Mexico city. Obverse: Florenzada  cross with lions and castles in four (4) quadrants. Very bold strike.  Reverse: Crowned coat of arms clearly visible with bold strike. Assayer "O" clearly visible.  History: This is a genuine Spanish silver coin that was minted in Mexico city during the rule of Philip II. The Spanish opened their first New World mint in Mexico city in 1535.  From the House of Hapsburg, Philip ruled during the "Golden age of Spain" with territories and colonies in Europe, the Americas, Asia and Oceana.  With the discover of untold riches that were mined in the Americas, the Spanish and their mighty galleon fleets became the premier supplier of gold and silver coins for the world.  This vastly increased