Gunny71
Sr. Member
- Jan 14, 2009
- 309
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Sweet!
Jupiter Cobs
- Thread starter SEAHUNTER
- Start date
dustinjuhasz
Jr. Member
That was an amazing day! When scott sent me a picture of the gold coin and 10 silver 8's, I knew right then and there it was time to leave work! Truly amazing bringing 350 year old coins up from the bottom of the sea so they can see sunlight again! Great job guys!!!
makton
Sr. Member
How rare are those Lima Stars....under 100 known pieces?
Makton
Makton
dustinjuhasz
Jr. Member
This was posted on our forum the other day, kinda sum's it up
The Star of Lima or "Estrella de Lima" a Numismatic Rarity by Augi Garcia
The Lima mint had closed in 1588. For a brief period in 1659 and 1660 the mint reopened, but without Royal permission. The new viceroy, Alva de Liste, found there was a very serious and chronic problem due to the shortage of circulating currency. Potosi's annual 8 million in silver pesos went almost completely to Spain, and that mint was already overworked. There was not enough currency for local merchants to do business or pay taxes. Alva decided he needed to re-open the Lima mint first and ask permission later.
The mint re-opened in January 1659 and there was a substantial silver coinage that year. The records say about 2.1 million silver pesos. Mostly 8, but also 4 and 2 and 1, Reales were struck ( as you would expect, as it was to be circulating currency, not bullion for Spain ). There are quiet a few design varieties on the 1659 obverse.
Once King Philip IV found about it, he ordered its immediate closure. The mint remained closed until 1683 with coinage resuming in 1684.
This coin lets us see the word "LIMA" spelled out, not abbreviated as LM. Star with 8 points above LIMA. Dot between 8 and assayer's initial to the right of the pillars. Assayer V is believed to be Francisco Villegas, not Juan de Villages who struck silver coinage when the mint reopened in 1684. The total of known pieces including all varieties is about 40 coins.
http://forum.treasurenet.com/index.php/topic,43534.1000.html
The Star of Lima or "Estrella de Lima" a Numismatic Rarity by Augi Garcia
The Lima mint had closed in 1588. For a brief period in 1659 and 1660 the mint reopened, but without Royal permission. The new viceroy, Alva de Liste, found there was a very serious and chronic problem due to the shortage of circulating currency. Potosi's annual 8 million in silver pesos went almost completely to Spain, and that mint was already overworked. There was not enough currency for local merchants to do business or pay taxes. Alva decided he needed to re-open the Lima mint first and ask permission later.
The mint re-opened in January 1659 and there was a substantial silver coinage that year. The records say about 2.1 million silver pesos. Mostly 8, but also 4 and 2 and 1, Reales were struck ( as you would expect, as it was to be circulating currency, not bullion for Spain ). There are quiet a few design varieties on the 1659 obverse.
Once King Philip IV found about it, he ordered its immediate closure. The mint remained closed until 1683 with coinage resuming in 1684.
This coin lets us see the word "LIMA" spelled out, not abbreviated as LM. Star with 8 points above LIMA. Dot between 8 and assayer's initial to the right of the pillars. Assayer V is believed to be Francisco Villegas, not Juan de Villages who struck silver coinage when the mint reopened in 1684. The total of known pieces including all varieties is about 40 coins.
http://forum.treasurenet.com/index.php/topic,43534.1000.html
Trez
Hero Member
- May 10, 2006
- 768
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Seahunter, the suspense is killing me. Was it a transitional?
Trez
Trez
Deno
Bronze Member
Now that is some real treasure. Looks like you are living the dream.
savant365
Silver Member
Jealous...just way jealous!!! Good luck to you all 
cuzcosquirrel
Hero Member
- Aug 20, 2008
- 562
- 133
Banner.
That will someday be the plate coin for a catalog.
That will someday be the plate coin for a catalog.
realeswatcher
Full Member
- Sep 1, 2010
- 120
- 24
cuzcosquirrel said:
Indeed it could be (that remaining encrustation of course needs to be removed carefully)... Star of Lima 4R are quite rare, and this example is quite well centered. How's the reverse?
Great find!!
Silver Searcher
Gold Member
Seahunter said:
Great looking coin
I see the coin has been up against something made of Iron, found a few Silver coins like that my self that have had iron leaching on, comes off easy though. Look forward to the next you find SS
FloridaBill
Bronze Member
- Jan 24, 2008
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Awesome !!!
Trez
Hero Member
- May 10, 2006
- 768
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IAMZIM
Bronze Member
- Apr 23, 2011
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Im from Montana, (spanish for moutains haha!) I have only seen pictures of cobs, can anyone find and keep these down there? For me, finding a silver cob would be my "Holy Grail"! Super congratz, that stuff is the kewlest stuff ever in my book!! 
jtilkins75
Newbie
- Aug 23, 2011
- 1
- 0
thats so cool i just started treasure hunting i hope to find some cool stuff to
homefires
Hero Member
Every one and there brothers and sisters going to be on the beach after this storm..
I be Chucks Steak House is going to be popular for sure.
I be Chucks Steak House is going to be popular for sure.
Lanny in AB
Gold Member
- Apr 2, 2003
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Great photos--great finds!
All the best,
Lanny
All the best,
Lanny
Leebo in SC
Full Member
Great finds SeaHunter
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