1691 Lima 2 Reales – 1715 Fleet Shipwreck

Item #CC-0923 | 1691 Lima 2 Reales – 1715 Fleet Shipwreck
Mint: Lima
Assayer: R
Ruler/Period: King Charles II
Grade: Sea Salvaged

Description: A very attractive Lima minted 2 reales from 1691. The obverse has great details including denomination, mint and assayers marks. Most important, the clear 91 for the 1691 date is bold and present. The bold Jerusalem cross Lima used on their coins is nearly complete, with the typical cartoonish castles and lions. This coin is accompanied by the 1715 Fleet cert we received when we purchased the coin from a private seller.

Beginning in the early 16th century, the Spanish Empire emerged as the world’s dominant global power, fueled by vast silver and gold resources from the Americas. To manage this wealth, Spain established major colonial mints, starting with the Mexico City Mint in 1535, followed by others such as Lima and Potosí. Early Spanish coins were hand-struck silver cobs, including the famous 8 reales, which became the first truly global currency, circulating throughout Europe, the Americas, Africa, and Asia. By the late 17th and 18th centuries, Spain transitioned to milled coinage with more precise designs to combat fraud and debasement. Spanish imperial coinage not only financed wars and trade but also shaped the foundations of the modern global monetary system.

Out of stock

$280.00