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All Forums Category: World Coins and Currency Forums Forum: World Coins and Commemoratives

Question On "Cerro Rico Hoard" Of Spanish Cobs

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Author	Replies: 7 / Views: 818
hokiefan_82 Pillar of the Community United States 1833 Posts	Posted 03/29/2023 7:02 pm Quick question; this is not an area of collecting interest for me, but I was contacted my a marketer concerning a group of higher quality cobs that were found in Bolivia. The spiel I was given implied this was an incredible opportunity for acquiring examples of cobs at a very low cost. The coins were certified as Excavation Recovery-AU or -UNC by NGC, and attributed as the Cerro Rico Hoard. Anyone know anything about this? I did a Google search, and other than finding a few for sale on other online sites, there was no real information about them. Again, not an area of collecting interest for me, but I found it a bit intriguing. My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/ My U.S. Type Set: https://www.NGCcoin.com/registry/co...sets/278808/ My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188 Report this Post to the Staff

Hondo Boguss Pillar of the Community United States 1393 Posts	Posted 03/29/2023 7:16 pm Sounds sketchy to me, Hokiefan. Have you seen pics of the slabs? Inordinately fascinated by bits of metal with strange markings and figures Report this Post to the Staff
hokiefan_82 Pillar of the Community United States 1833 Posts	Posted 03/29/2023 7:40 pm Yes, here's one I found online listed by a different company: The company that contacted me was CoinAdvisor.com, which seems to mostly sell certified bullion and modern issues. I bought a single certified Native American dollar for my modern type collection from them on eBay last year, which is how I got on their contact list. I don't really know anything about them, but the online reviews seem generally favorable. The prices they quoted were quite a bit cheaper than the few other examples I've found online at other companies. Again, I'm not really interested myself, but was just curious about these. My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/ My U.S. Type Set: https://www.NGCcoin.com/registry/co...sets/278808/ My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188 Edited by hokiefan_82 03/29/2023 7:44 pm Report this Post to the Staff
Hondo Boguss Pillar of the Community United States 1393 Posts	Posted 03/29/2023 7:50 pm They don't have them listed on their web site. And yow, they are not cheap. Inordinately fascinated by bits of metal with strange markings and figures Edited by Hondo Boguss 03/29/2023 7:53 pm Report this Post to the Staff
Spence Moderator United States 27209 Posts	Posted 03/29/2023 8:37 pm From one of the sellers of these: Quote: "Excavation Recovery" verifies that it was originally part of the Cerro Rico Hoard, likely lost in transit around 1752, which remained undiscovered for more than 250 years. "If you climb a good tree, you get a push." -----Ghanaian proverb "The danger we all now face is distinguishing between what is authentic and what is performed." -----King Adz Report this Post to the Staff
hokiefan_82 Pillar of the Community United States 1833 Posts	Posted 03/29/2023 8:45 pm The fellow mentioned they had a few dozen AU examples for $1195 with a discount for multiples. I know nothing about these so have no clue about pricing. Again, not something I'm really interested in, but I find any "hoard" discovery interesting if it's not simply a marketing ploy. My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/ My U.S. Type Set: https://www.NGCcoin.com/registry/co...sets/278808/ My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188 Report this Post to the Staff
realeswatcher Pillar of the Community United States 1792 Posts	Posted 03/30/2023 06:39 am They've been popping up on eBay... and in Googling, indeed seems like the mass marketer types have acquired quantities of them (as often happens with hoard coins). Looking at the pieces... all dated around that early 1750s period, all with little wear (crisp edges), and all dipped/stripped pretty much white... definitely seems like a land hoard discovery. One quick reference to it in a Stack's auction from August last year, no real info. Not much backstory shown either on any of the mass marketer sites, which probably makes sense. Often when hoards like this surface in questionable parts of the world... best to keep on the DL as much as possible about the specifics. Nice enough pieces, but with apparently no ACTUAL good story to them... plus these are fairly common dates for Potosi cob 8R and again, stripped to bare silver... this is essentially typical mass marketer stuff. Edited by realeswatcher 03/30/2023 07:23 am Report this Post to the Staff
realeswatcher Pillar of the Community United States 1792 Posts	Posted 03/30/2023 07:22 am Ooooh, this is mildly interesting, though... one of the sites selling these included this (maybe?) NGC-generated summary of coins they have slabbed from this hoard. If this is correct, it would seem that this is the same source for all the kinda scuzzy conserved UNC 1754 and 1755 Lima pillar 8 Reales that have surfaced in the last year or two (plus some Mexico mint pieces - though this is I'm guessing a different source from the huge group of 1754 and preceding Mex. pieces that surfaced a number of years before these - at least a decade ago now, I believe?). If that's the case, this hoard really could have come from anywhere in the greater Viceroyalty of Peru or even beyond. I guess they decided to only use the "Cerro Rico" branding on the most obviously associated pieces - Potosi cobs - rather than the Lima pillars. twitter.com/AustinRareCoins/status/1600890649561153538 myemail.constantcontact.com/Special-Release-of-300-Year-Old-Spanish-Colonial-Silver.html?soid=1109061736287XhX6NFnXBUw Will hand these guys this - they admit that they were conserved... "Otherwise... they'd be dark... and toned" Edited by realeswatcher 03/30/2023 07:23 am Report this Post to the Staff
	Replies: 7 / Views: 818

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