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2 Reales - Philip II

Issuer Casa de la Moneda de Panamá
Year 1580-1583
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Technique Hammered (cob)
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Obverse description The quartered arms of Castile and León occupy the central field, displaying alternating castles and rampant lions within a boldly struck cross patée, the whole enclosed within a beaded inner border. The mintmark of the Panama assayer appears to the left of the royal monogram, with the assayer's initial to the right. A partial Latin legend in Roman capitals runs along the periphery, though the irregular flan of this cob coinage results in portions of the inscription being off-flan. The overall design is characteristic of the macuquina (cob) style, with the die impression applied by hammer to a roughly cut silver planchet.
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Obverse lettering PHILLIPPVS D. G. HISPANIARVM AP oX
(Translation: Phillip, by the Grace of God, [king] of Spain.)
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Reverse lettering ET INDIARVM REX
(Translation: And king of the Indies.)
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