Mexico (1556-98)-Mo O real
After the hammered coinage of Charles V, the government's need for fast cash caused the coinage to degenerate to mere cobs such as this two reales from the reign of Philip II (1556-98). No coinage of Philip II bear dates; the oldest dated coin from Mexico is from 1607, during the reign of Philip III. Assayer F is also recorded for this type. This specimen was part of lot 205 in Morton & Eden sale 104 (London, November 2019), where it sold for £320 (about US$496 including buyer's fees). The catalog description noted, "Philip II (1556-1598), 1 real (4), Mexico mint, similar type, shield with mintmark M° to left, O to right, further die/legend varieties, 3.12-3.38 g, one slightly clipped, fine or very fine (4)."
Recorded mintage: Unknown.
Specification: 3.38 g, .931 fine silver, .099 troy oz ASW.
Catalog reference: Cal. type 398, no. 643, Cayón-3482.
- Krause, Chester L., and Colin R. Bruce II, Standard Catalog of World Coins: Spain, Portugal and the New World, Iola, WI: Krause Publications, 2002.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón-Jano S.L., 2005.
- Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
- Menzel, Sewall, Cobs, Pieces of Eight and Treasure Coins, New York: The American Numismatic Society, 2004.
- Eden, Tom, James Morton, David Kirk and Menelaos Danellis, Morton & Eden sale 104, Ancient Coins and the Mexico Collection, London: Morton & Eden, 2019.