noob needs help plz?

Discussion in 'Coin Chat' started by CandiP, Jan 11, 2008.

  1. CandiP

    CandiP New Member

    Here's what I've found:
    have a modern manufactured private issue medal that commemorates the irregular shaped coinage of Spain that modern collectors call "cobs".

    The original coins were minted in Mints in Spain and in Mints all over "El Peru", what we call Latin America, from 1535 - to c. 1760 . The shape of the coin and its nick name "cob" comes from the method of manufacture (cabo de barra or end of a bar). A piece of hot gold or silver was cut from the end of an ingot, weighed and struck by hand between a set of dies. After the coin cooled, the coin was then weighed again and adjusted as necessary.
    The gold coins were minted in gold in 1/2, 1, 2, 4, and 8 escudos The silver in 1/2, 1, 2, 4, 8 reales. For hundreds of years the Spanish 8 reales and 8 escudos were the world standard for money. The United States monetary system was based on this standard (8 reales=US$1) and in fact these Spanish coins were legal tender in the U.S. until 1858. By the 2nd third of the 18th century, the cob style of coinage gave way to the technological improvement of "milled" coinage. Round coinage with a security edge foiled the practice of clipping small pieces from coins, melting the accumulation and then selling the stolen silver or gold.
    Could someone help me find its worth??
    I'm sorry I cant seem to get a picture to take that is clear enough
     
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  3. CandiP

    CandiP New Member

    Sorry forgot description
    I have old coin that says GOLD COB DOUBLOON and under this it says DOUBLON BOUT BARRE D'OR ... other side has a coat of arms in the middle with VIII to one side and OMI other side ... seems unusual to have ENGLISH and FRENCH on same coin ... very irregular around edge ... no date on it ... ... no SPANISH on this coin... what is it and what period does it date from ???
     
  4. Bonedigger

    Bonedigger New Member

  5. GDJMSP

    GDJMSP Numismatist Moderator

    If it says that, it is absolutely not a genuine coin.
     
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