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xanthea26 1 × R2,000.00
1 Mar 21:37

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First Mexican Coin 1542-55- Four Reale - ex Wreck of Santiago- 1585 - Bassas da India
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First Mexican Coin 1542-55- Four Reale - ex Wreck of Santiago- 1585 - Bassas da India

1 was available / secondhand
R150.00 minimum increment
R2,000.00
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Product details

Condition
Secondhand
Location
South Africa
Customer ratings:
Bob Shop ID
19612164

1542 Four Reale Mexico

First Coin made by colonial  Mexico at the Mexico Mint during the reign of Charles V and Johanna 1521-56 of Spain

Charles V, King of Spain but also the Emperor of the Holy Roman Empire a title he inherited from Maximillian his grandfather in 1819.

His rule of Spain was from 1516 after the death of Ferdinand his father and at the young age of 16 he ruled together with his mother Johanna who was certified as "mad". Because of the inheritance from his grandfather (Roman Empire), his rule included large areas of Germany and the Netherlands.His birthplace was actually Ghent (modern Belgium) in 1500.

The rich Silver deposits from Mexico and Peru as exploited by the conquistadores Cortes and Pizarro enriched Spain greatly during his rule.

It was during his rule that Magellan cirumnavigated the world in 1522 and the idea of the Panama canal across central America is attributed to him.

He inherited an excedingly large jaw (Hapsburg Jaw - depicted in the medallion) making eating difficult because of the practice of royals marrying relatives eliciting recessive genetic traits and suffered greatly from Gout. He died in 1556 and was succeded by Phillip his son (Phillip II).

His motto was "PLUS ULTRA" Latin for 'Further beyond' and is present on the the Reverse of the coin between the pillars of Hercules (Straits of Gibraltar). These pillars are the origins of the downstrokes of the modern US Dollar with the S a simplification of the two worlds (dos mundos) that appeared in later Spanish silver coins.See full size image

The Obverse shows the Spanish Coat of Arms with M denoting Mexico Mint and L referrring to the Assayer

Inscription ; Obverse CARLOS ET IOHANNA REGES

                  Reverse HISPANIARUM ET INDIARUM  

The coin was found by a South African group on the wreck of the Santiago 1585 that was outward bound to pay for spices in the East when she ran aground on the reef of Bassas da India half way between Madagascar and Mozambique. There were coins found that originated from the three rulers of Spain at the time (Isabella and Ferdinand, Charles and Johanna and Phillip II) and the divers found the coins in 1984, one year short of four hundred years later.Amazingly some survivors from the shipwreck at the time, found their way back to Spain and their accounts became the stuff of legends.The return of the divers to South Africa was an epic on its own , made so by a devastating storm that dismasted their yacht leaving them lost at sea and thanks to following a tanker they were led back to South Africa (Richards Bay).

Coin itself is cleaned and shows some corrosion from the sea.Most of the details are visible.

A signed COA is available from the Shipwreck detailing a Phillip II 8 Reale.

Thanks for looking

 

Payment expected within three days following end of auction . Internet Transfer is preferred.

PLEASE DO NOT BID IF YOU DO NOT INTEND TO PAY

Foreign payments welcome by Bank Wire please.  No Paypal unfortunately but Moneybookers available www.moneybookers.com with Buyer protection (new)

Postage  costs to be added; Speed Post Couriers R70 Counter to Counter/ P.O.Box  Counter to Door no longer advised, please use Fedex.

Insurance Cost; 2% of the value of the parcel although not applicable to Red Bag Speed Post Couriers

For lower valued items ; R20 for Registered Parcel Post

Cash Deposits, please add 2% deposit fee

Courier by Fedex (Door to Door overnight) R250 insured.

No refunds on slabbed coins , No other Courier collections please

Please Note I reserve the right to close any auction prematurely at any time where the item has no bids. If you seriously want an item, please place an early bid.

 

 

 

 

 

 

 

 

 

 

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Customer ratings: 1 ratings

Very good, I am most pleased, thankyou!!!
06 Apr 2010