1699 Lima 1 Real PCGS XF Details – Shipwreck
Item #CC-0892 | 1699 Lima 1 Real PCGS XF Details – Shipwreck
Mint: Lima, Peru
Assayer: R – Miguel de Rojas
Ruler/Period: King Charles II
Grade: XF Details
For details and population on this coin from PCGS, click on the serial number here: 56201922
Description: Struck at the Lima mint in 1699, this gorgeous little real is one of the better sea salvaged examples we have owned for the size. Complete with three visible dates, this real has a beautiful and nearly complete die strike. Mint and assayers marks are clear on both sides, as well as a wonderfully centered cross. Due to the sea salvaged condition of the surfaces, plus the date of 1699, this coin likely was recovered from the shipwreck site of the 1715 Fleet, however no paperwork to the salvage is present.
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.
In stock
$485.00
