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El Cazador Shipwreck - Spanish 8 Real silver coin dates
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<p>[QUOTE="GDJMSP, post: 1370372, member: 112"]I agree Vess, nor did I imply that were worth only melt. When they first started selling the NGC slabbed El Cazador coins many of them sold for hundreds for dollars. I saw a lot well over $400, and those were not the ones sold on TV which sold for even more. And now look at them - most sell for less than $100. </p><p><br /></p><p>I've worded my comments the way I have because the OP seems to be searching for some confirmation or something, maybe he's just hoping, that his coin is somehow worth more than the others because of the date on the coin. </p><p><br /></p><p>I am trying to impress upon him (the OP) as well as any others who may read this in the future, that this is not the case. That these shipwreck coins have no special monetary value over and above that of similar coins that are available in the marketplace.</p><p><br /></p><p>Yes, the shipwreck coins have a definite "cool factor". When I was still collecting I owned quite a few shipwreck coins myself. But shipwreck coins have a long history of being sold, mostly to the uneducated public, for way more than the coins are actually worth. And it is important that people are aware of that so they do not waste their money.</p><p><br /></p><p>By all means, if shipwreck coins appeal to you, buy them. Collect them. Love them. Just don't let yourself get ripped off by paying too much for them.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1370372, member: 112"]I agree Vess, nor did I imply that were worth only melt. When they first started selling the NGC slabbed El Cazador coins many of them sold for hundreds for dollars. I saw a lot well over $400, and those were not the ones sold on TV which sold for even more. And now look at them - most sell for less than $100. I've worded my comments the way I have because the OP seems to be searching for some confirmation or something, maybe he's just hoping, that his coin is somehow worth more than the others because of the date on the coin. I am trying to impress upon him (the OP) as well as any others who may read this in the future, that this is not the case. That these shipwreck coins have no special monetary value over and above that of similar coins that are available in the marketplace. Yes, the shipwreck coins have a definite "cool factor". When I was still collecting I owned quite a few shipwreck coins myself. But shipwreck coins have a long history of being sold, mostly to the uneducated public, for way more than the coins are actually worth. And it is important that people are aware of that so they do not waste their money. By all means, if shipwreck coins appeal to you, buy them. Collect them. Love them. Just don't let yourself get ripped off by paying too much for them.[/QUOTE]
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El Cazador Shipwreck - Spanish 8 Real silver coin dates
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