How much is a cob coin worth? The coin in the photo is in marginal condition and would probably fetch $80 US dollars or so in retail value. Prices go as low as $20 for
How much is a cob coin worth?
The coin in the photo is in marginal condition and would probably fetch $80 US dollars or so in retail value. Prices go as low as $20 for crude, uninteresting specimens. The coin catalogs indicate typical values for cobs as shown below.
What is COB coin?
Cobs are the original “treasure coins.” Struck and trimmed by hand in the 16th through 18th centuries at Spanish mints in Mexico, Peru, and Colombia (among others), silver and gold cobs are handsomely crude, nearly all with a cross as the central feature on one side and either a coat-of-arms (shield) or a tic-tac-toe- …
What is a silver cob coin?
To do this, starting in the reign of Philip II, the mints produced irregular coinage called cobs. A bar of silver was simply cut into chunks of the appropriate weight. These small sliver clumps were then treated as if they were finished planchets and were hammer struck between crude dies.
What is a half real cob?
ONE-HALF REAL COBS The border legend is worn away. On the reverse is a cross with the arms of Castile and Leon. The reverse bears the remains of the Jerusalem cross with the arms of Castile and Leon. The size of the cross indicates this coin was originally minted as a two reales coin, or possibly as a one real piece.
What’s the price of a Spanish cob coin?
Prices go as low as $20 for crude, uninteresting specimens. The coin catalogs indicate typical values for cobs as shown below. The front side of these coins look approximately the same, with a Jerusalem cross. The back side varies (at least in general appearance) with the specific Spanish colony in the New World.
What makes a cob coin worth so much?
The most important feature of any cob coin is the date. If your cob has an intact date, it is worth much more than a cob where the date was never imprinted on the piece of silver. The values remain basically unchanged with date; the presence or absence of a date is what matters.
When did the last cob coin come out?
In 1773 the last cob ever struck came off the press in Potosi, long since superseded by milled coins (begun there in 1767). Potosi, Bolivia, cob 8 reales, 16 (46)V, rare. 26.54 grams.
How big is a cob coin from Potosi?
Full shield with clear P•V to left (possibly V/TR) that appears twice due to doubling, full but weaker cross, Fine with tiny spots of toning, full second digit 6 of date (tiny). Potosi, Bolivia, cob 4 reales, (162)9 (T), rare. 13.69 grams.