Description: Colombia. Cob 2 Escudos, ND. Fr-2. 6.8 grams. Philip IV, 1621-1665. Crowned arms. Reverse: Jerusalem cross in quadrilobe. About Very Fine. Estimated Value $700 - 900. Categories: World Gold
Spanish cob coins (1572-1773) (21 coins)
As additional silver deposits were discovered in the colonial territories there was a pressing demand to export it to Spain as quickly as possible.
To do this, starting in the reign of Philip II, the mints produced irregular coinage called cob ...