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Silver Cobs in Spanish Colonial America

From the 1500?s to the early 1800?s, Spain extracted billions of dollars in treasure from its colonies in the Americas. Large amounts of silver were shipped to Spain as crude coins called macuquinas, "crude hammered coins," or cobs. Spanish cobs were pieces cut from silver bars cast at the mines. Each coin was precisely weighed, trimmed, then struck with hand dies. These temporary silver coins were made in a variety of denominations including 1, 2, 4, and 8 reales pieces. The cobs were struck in the Spanish colonial mints including Mexico City, Lima, Potosi, Cartagena, and Bogota. Shipments of silver cobs received in Spain, were remelted into silver bars, coins, and jewelry. The Spanish Crown received five percent of all treasure. Over one third of the treasure shipments never arrived in Spain. Ship wrecks, and piracy took their toll. Silver cobs continue to appear in treasure salvages and on beaches of the former Spanish colonies. Four Spanish Silver Cobs. The original four cob pieces in this historical set were struck between 1652 and 1773. The following four cobs are lead free pewter replicas of the original pieces. These pieces are known as the pirate "pieces of eight." The obverse show a tic-tac-toe design showing the Pillars of Hercules and waves. The reverse left hand of these cobs show a cross incorporating the symbols of Leon and Castile. Each of the coins show a star-the mint mark of Lima, Peru. All coins are manufactured of lead-free pewter and are marked COPY on the reversed side of the coins to conform with the Hobby Act of 1973. Designed by dlpStudios, CO. Copyright 2011. Made in the U.S.A. for the Dunston Mint. You are bidding in the REPRODUCTION section. These pieces are NOT ancient coins. Each coin is stamped 'COPY' on the rim. Payment methods: Seller accepts PayPal. Shipping Methods: buyer will pay $3.00 for regular mail within the United States. International shipping costs are $13.00 for Priority Mail International flat rate envelope. ADDITIONAL COIN REPLICAS ARE FOUND IN MY E-BAY STORE AT http://

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On Sep-12-11 at 14:28:51 PDT, seller added the following information: