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1676 Spanish Silver Coin

1676 soanish silver
  • Issued under King Charles II
  • Contains 27 grams of silver

I love old coins. This guy did some research and thinks it comes from a wreck and wants about $1200o for it.

Old man thinks its real and Rick wants it. The guy played $285 for it in Peurto Rico. No paper work

Uh ohhhh!!! Rick says to get his money back lol. He says that this coin is cast. Doh!

No casting in 1676 they struck coins.  If it was real it could be 8-12k

Always get the paper work fellas!!

3 Responses to 1676 Spanish Silver Coin

  1. Jake says:

    I couldn’t see how crude these edges were on the show but dang!

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  3. shane mac says:

    Rick was actually wrong in regards to his description of the spanish coins in the new world and production methods. yes the vast majority of spanish milling was done as he described it…..struck by hand by a hammer……but not all coins were done so. Such crudely struck coins were called reale cobs (crude cobs)and were meant only as a temporary accounting/transportation method for the spanish. Once back in the old world, the crude cobs would be melted down and redone as standardized chain, or as the better quality coins of which most people are more familiar.

    BUT the spanish most certainly DID make the stlye of coin that was brought into the shop. These were called planchette coins. THey were struck in a different dye system than the crude cobs were. Each of the spainish mines would make up small quantities of planchette coins to be sent to the king of spain as a examples of the fine work that his subjects were doing in the new world. As such, they were called PRESENTATION coins and are exceedingly rare due to their limited production. This is was what was shown in the show. A planchette struck presentation coin (or at least a copy of one)

    Having said the above, the coin that was brought in likely was a reproduction. its patina was totally wrong. The coin showed was a bright uniformly unblemished silver. This suggests high refining capacities which the spanish did not have. Impurities in the silver should be obvious in a genuine coin. Further, this coin was a 1676. I’m willing to bet that if the coin’s markings had been shown it would have been a 1676 potosia boliva coin struck by mint master Manuel De Cejas. I say this because De Cejas only worked as mint master for one year and, as such, presentation pieces by him are extremely rare and among the most prized of new world coins. Thing is…Manuel De Cejas was only active in 1667-1668. A common error done in faking coins like this. Not knowing the active dates for the most important mint masters. But I don’t know for sure as the marking were never clearly shown.

    I’m exceedingly fortunate as I own a genuine non-salvage Manuel De Cejas cob.

    The crude cobs of theses coins came in several denominations ( 8 reale, 4 reale, and 2 reale). It is the 8 reale coin from which the term “pieces of eight” was made world famous in story treasure island. In those days people would sometimes pay others for their services by cutting the appropriate weight of silver off a regular 8 reale coin (if the value of their services was less than 8 reale in worth). Thus began the term “pieces of eight” from this practise.

    An 8 reale coin was roughly worth a month’s labour for a person in the 17th century

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