Royal Public Deposited

- A word created by a New York City coin dealer in the 1960s for the round Spanish American planchets struck with specially detailed dies thought to be prepared for authorities, nobles and royalty. Many of these coins appear to have been traded with locals and silver merchants who brought ingots from the mines to the mints. Many never left the Americas for Spain. These round cobs were first produced in Mexico in the early 1600s, then in Potos� in 1630 and in Lima in 1659. The coins may also have served in period as up-scale bolos and arras de bodas. Redondo encargado means �special order round coin� and is the collector term now used in Spain. As plain as it sounds, keep in mind that 1600s cobs were invariable anything but round. 2. Round coins or coins in general.
- Numiscadero Spanish to English Glossary (Gary Beals)