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RARE GRADE 1 ATOCHA COIN

Item ID#:3265243Location:
Quebec Canada
Seller ID#:826112 Views:
124
Price:$895Expires:expired

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Item#: (85A-213649)
Denomination: 8 reales
Mint: Potosi
Assayer: Q (Quadra 1613-1616)
Weight: 26.10 grams
Reign: PHILIP III (1598-1621)

GRADE: ONE (1)

Origin #3769

MEL FISHER CERTIFICATE INCLUDED



With Retail Prices well over $2,000.00.
This Wonderful Coin is Price to SELL!!!
Only $895.00 Canadian Funds

Grade 1 Atocha Coins
Grade 1 Atocha coins were salvaged from the interior most portion of the treasure chest, and thus exhibit minimal amounts of salt water damage. Typically, they are clearly struck on both the obverse and reverse sides with the mintmark, assayer mark and denomination often all visible. This Atocha coin is supplied with the original certificate of authenticity.

Atocha Coin Design

The coin design in use during the Atocha time period, referred to as shield type, incorporated the Spanish coat of arms or shield on the obverse side and a cross representing the union of Church and State on the reverse. The elements of the design between the three major mints, Mexico City, Lima and Potosi, although similar, have features which make differentiation possible. This is especially true of the Mexican versus Peruvian coins. Shield type cob coinage was first struck at the Mexico City mint in 1572 and ceased production in 1733 when it was replaced by the machine struck pillar dollar. The Lima mint also struck shield type coins in 1572, but only a few coins were minted before operations ceased the same year. The mint reopened for a 12-year period between 1577 to 1588 using the same design. Potosi began striking coins in 1574 using dies from the Lima mint. Shield type production ceased at Potosi in 1652 when it was replaced by the pillar and waves design. Dated coins first appeared at the Mexico City mint in 1607 followed ten years later at the Potosi mint in 1617.

Shield elements on the obverse identify lands controlled by the king. Displayed is the Hapsburg Shield that appears on cobs minted during the reign of the Hapsburg kings beginning with Philip II (1556-1598) and ending with Charles II (1665-1700). The shield design changed with the first Bourbon King, Philip V in 1700. Although not displayed, its primary identification feature is the prominent three Bourbon fleurs-de-lis arrangement located at the center of the shield.
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10/24/2014 5:15:45 PM UTC