(sold for $103.0)

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1597, Spain, Philip II. Silver 2 Reales Cob Coin. (Assayer: B!) Seville mint!

Assayer: B Mint Place: Seville (S) Reference: Calico Type 357. Denomination: Cob o 2 Reales Mint Period: 1592-1597 (date not recognizable!) Condition: Dark oxidation spots, crudely struck as usual, a few scratches, otherwise about VF! Diameter: 25mm Weight: 6.74gm Material: Silver

Obverse: Cross of Jerusalem with lions and castles in quarters.  Lgend: [ + HISPANIARVM REX}

Reverse: Coat of Arms of the spanish line of the House Habsburg.  Mint inital (S) above value (II) and assayer letter (B) to left.  Legned: [PHILIPPVS II DEI GRATIA] The first coinage of the New World and what comes to mind when we think of Pirate Treasure are pieces of eight. These first coins, often called cob coins, were made from roughly cut planchets (blanks) by striking them with hand dies. The word Cobb comes from a simplification of the Spanish phrase, Cabo de Barra, which translates as, from a bar. After the coins are struck, they are weighed by an assayer who cuts off any excess Silver which is why most coins have some of the impression cut away. Due to this method of manufacturer no two coins are alike and many are collected for their unique shapes alone. The Cobb coin, like anything that is no longer available is becoming very scarce and hence more valuable. The few remaining Coins are the last vintage of the glory days of pirates and Treasure hunting and are fast disappearing into private hands.

Philip II, King of Spain 1556-1598. Son of Emperor Charles V (King Charles I of Spain), founder     of the Spanish line of Habsburg. * 1527 Valladolid, †1598 Escorial   near   Madrid. Philip II received from his father the following   contries: in   1540 the Duchy of Milan, in 1554 the Kingdoms of Naples   and Sicily and   in 1555/56 the Netherlands, the Franche-Comté and Spain   with its   colonies. In 1580 Philip also claimed and took over   Portugal. He strove   for Spanish world supremacy and fought for the   counter-reformation. He   was married four times: Maria of Portugal   (*1526, †1545 following the   birth of Don Carlos), Queen Mary Tudor of   England (1554, †1558),   Elizabeth of Valois, daughter of King Henry II   of France (1559, †1568)   and finally, in 1570, Anna of Austria,   daughter of Emperor Maximilian   II. King Philip II fought successfully   against France (1557-1559),   against the Turks (Juan d'Austria's   victory near Lepanto in 1571) and   against Mediterranean pirates.   However, his attempt to conquer England   failed (destruction of the   Armada in 1588, sea-battle of Cádiz in 1596),   as did his efforts to   subdue the revolting Netherlands (secession of   the northern   provinces). Philip's ongoing war efforts overstrained his   financial   and economic resources and eventually led to the decline of   Spanish   supremacy.

The Seventeen Provinces were a     personal union of states in the Low Countries in the 15th century and     16th century, roughly covering the current Netherlands, Belgium,     Luxembourg, a good part of the North of France (Artois, Nord), and a     small part of the West of Germany.

The Seventeen Provinces were originally held by the     Dukes of Burgundy of the House of Valois and later by the Habsburg,     first by the Spanish and then by the Austrian line.

In 1568 the Seventeen Provinces started a     (counter)rebellion against Philip II: the Eighty Years' War. Before the     Low Countries could be completely reconquered, war between England and     Spain broke out, forcing the Spanish troops under Philip II to halt     their advance. Meanwhile, Philip's Spanish troops had conquered the     important trading cities of Bruges and Ghent. Antwerp, which was then     arguably the most important port in the world, had to be conquered. On     August 17, 1585, Antwerp fell. This ended the Eighty Years' War for the     (from now on) Southern Netherlands. The United Provinces (the     Netherlands proper) fought on until 1648 – the Peace of Westphalia. The     definite loss of the southern Low Countries caused the rich Calvinist     merchants of these cities to flee to the north. Many migrated to     Amsterdam, which was at the time a tiny port, but was quickly     transformed into one of the most important ports in the world in the     17th century. The exodus can be described as 'creating a new Antwerp'.

This mass emigration from Flanders and Brabant     (especially Antwerp) was an important driving force behind the Dutch     Golden Age. While Spain was at war with England, the rebels from the     north, strengthened by refugees from the south, started a campaign to     reclaim areas lost to Philips II's Spanish troops. They managed to     conquer a considerable part of Brabant (the later Noord-Brabant of the     Netherlands), and the south bank of the Scheldt estuary     (Zeeuws-Vlaanderen), before being stopped by Spanish troops. The     frontline at the end of this war stabilized and became the current     border between present-day Belgium and the Netherlands. The Dutch (as     they later became known) had managed to reclaim enough of Spanish     king-controlled Flanders to close off the river Scheldt, effectively     closing Antwerp off from a significant trade route and causing a     considerable emigration of Antverpians towards the port of Amsterdam.     Due to these events, Flanders and Brabant went into a relative decline     in the 17th century.

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This coin has been sold for   $103.0

Notes: https://www.ebay.com/itm/373825100905 2021-12-19

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Posted by: anonymous
2021-12-15
 
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