| Author |
 Replies: 8 / Views: 3,701 |
|
|
New Member
United States
7 Posts |
I saw this on E-Bay and just got a bad feeling about it. Not sure if it is just me or what. Any opinions on if this is good or bad?
Thanks!
|
|
|
|
Pillar of the Community
Korea, Republic Of
1881 Posts |
|
|
New Member
 United States
7 Posts |
|
|
Pillar of the Community
United States
1801 Posts |
Treasure Hunter
In my humble opinion you need to ask yourself "what am I trying to buy"? Without getting into "is the coin real or fake", are you trying to buy a Cazador wreck coin for the connection to the wreck? If so, buy one with a salvage certificate from the company that salvaged the wreck, not one in a throw away useless plastic holder claiming to be a certification company. If you are trying to buy a nice 8 reales portrait dollar because you want a nice portrait dollar, buy one that is not damaged. The coins from the Cazador wreck were by in large very harshly cleaned and show damage from both the sea water and from the cleaning. Cazador Coins with true salvage certificates are readily available from multiple sources.
Are you collecting treasure coins by wreck? If so that is a great collection to work on but I suggest you be picky about the source of the Certification. Once again, my humble opinion only, but the "slab" that coin is in has zero value and zero credibility.
|
|
Pillar of the Community
United States
4883 Posts |
The early sales of these salvage coins were not in NGC slabs, and many got separated from their COA. There were over 400,000 8 reales recovered from the El Cazador wreck, so a rarity they're not, and the vast majority of purported examples are in fact what they're made out to be. That all said, this particular ebay seller is not well regarded on this forum. As mentioned above, his NNC holders shouldn't be seen as adding any value whatsoever. Colligo ergo sum
|
|
New Member
United States
7 Posts |
Thanks for the info, I was not planning on buying this coin just crusing E-Bay and saw this and wondered if it was a fake.
I have an El Cazador collection already that I shoould probably not add any more too :) I have coin clumps, single coins, and NGC slabbed coins.
My plan is to collect a coin from all of my favorite shipwrecks. I currently have an 8 reale from the Consolacion, Sao Jose, and El Cazador. It's a disease!
|
|
Valued Member
Spain
110 Posts |
Quote:
My plan is to collect a coin from all of my favorite shipwrecks. I currently have an 8 reale from the Consolacion, Sao Jose, and El Cazador. It's a disease! There are lots and lots more shipwrecks...How do you determine favorites? Just documented shipwrecks? Edited by moneditis
08/22/2014 04:03 am
|
|
Pillar of the Community
United States
3343 Posts |
For me the wreck is of incidental importance. I'm interested in the cobs, not the Atocha and El Cazador business plan. Shipwreck coins speak for themselves.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
|
|
Pillar of the Community
France
1591 Posts |
thq : some actually collect those - you are aware if you follow Sedwick's auction, which usually have some coins from wrecks which only had a few (or are displayed mostly in museums) :)
I'm on your line as well, all that I like is the coin itself. Where it comes from is cool to know fo history, but land finds are usually of much better quality when it comes to silver (gold is amazing in any case :D). Unless you are looking for some very scarce issues which are only available salvaged ... but again, that comes after.
On the other hand, a coin clump is a nice historical artifact as such - more for what it is than for the coin itself :)
Everyone have a different way to collect :)
|
| |
Replies: 8 / Views: 3,701 |
|
Posted 08/21/2014 11:02 am
