BOLIVIA, Potosí, Cob 2 Reales of Philip III, Assayer RL (curved leg) – A Treasure of History Recovered from the Legendary Atocha Shipwreck of 1622!
This stunning Grade 1 coin, weighing 6.73 grams, is a true gem from the depths of history. It features an excellent, fully detailed cross and a choice full shield, with bold markings that showcase the denomination “II” to the right and the assayer’s initials “P-RL” to the left. The coin’s slightly out-of-round shape adds to its authenticity, and its corrosion-free surface with exquisite toning makes it a collector’s dream. Accompanied by an original Fisher certificate (85A-144050), this piece represents both historical and artistic value.
A Glimpse into Philip III’s Reign
Philip III of Spain, who ruled from 1598 to 1621, presided over a fascinating era of the Spanish Empire. Known as a pious and reserved monarch, Philip III’s reign marked a period of territorial expansion and political intrigue. It was during his rule that Spain remained a dominant global power, although the seeds of decline were beginning to sprout due to economic struggles and internal corruption. The silver mined from the Potosí region in Bolivia was a vital lifeline for Spain’s vast empire, funding its wars, palaces, and treasures. Coins like this cob 2 reales were central to the empire’s economy and symbolized its reach and influence.
The Atocha Shipwreck – A Maritime Tragedy Turned Treasure Trove
This extraordinary coin was recovered from the famed Spanish galleon Nuestra Señora de Atocha, which sank in 1622 off the coast of Key West, Florida. Part of a fleet returning to Spain laden with New World riches, the Atocha was struck by a devastating hurricane. It carried an enormous cargo of gold, silver, emeralds, and other treasures destined for the Spanish crown.
For over 350 years, the shipwreck lay hidden beneath the waves until famed treasure hunter Mel Fisher and his team discovered its remains in 1985. The Atocha recovery remains one of the greatest underwater treasure finds in history, with artifacts and coins offering a tangible connection to the golden age of Spanish exploration and trade.
Own a Piece of the Atocha’s Legacy
This cob 2 reales is not just a coin—it’s a piece of maritime and imperial history, a relic of an age when Spain’s wealth flowed from the Americas, and the seas were as perilous as they were promising. With its impeccable condition and storied provenance, this treasure invites you to hold the legacy of the Atocha and Philip III’s empire in your hands.