Authentic Spanish Colonial Pirate Shipwreck 2 Reales Silver Cob Coin Necklace

Description

Authentic Genuine Ancient (16th Century AD) Spanish Colonial 2 Reales Silver Cob Coin, set in a 925 Solid Sterling Silver Bezel. 925 Solid Sterling Silver Popcorn Chain Included.
Coin Description: Authentic 1500's Philip II of Spain Silver 2 Reales Genuine Antique Colonial Sunken Treasure "Pirate" Cob Coin. Minted circa 1556 - 1598 AD. Diameter: 23 mm. Weight: 6.36 g. Provenance: Savoca Coins Auction House (Munich, Germany).
The pendant's approximate diameter is 24.5 mm. Chain's length is 24". Please take a look at the photos - the actual item pictured.
Shipping fees: .49 (the US), .99 (Worldwide). Thank you for looking.
Historical Facts:
Starting in the reign of Philip II (1556 - 1598), the mints produced irregular coinage called cobs. Rather than rolling out a bar of metal into a sheet of a specific thickness that could then be cut into smooth round planchets which would be stamped into coins, a faster method was employed. A bar was simply cut into chunks of the appropriate weight. These small clumps were then treated as if they were finished planchets and were hammer struck between crude dies. In fact, the Spanish word "cabo" (from which the English "cob" is derived) refers to the end; in this instance, the clump of metal clipped off the end of the bar. The size, shape and impression of these cobs was highly irregular but they were the proper weight. Many cobs were quite thick and disfigured with large cracks. Also, these uneven clumps made poor planchets so that frequently only a small portion of the image on the die was impressed. If a cob was overweight the minter simply clipped a piece off, further disfiguring the coin.