...thank you ... hoping to connect with those already interested, & hoping to develop interest among those yet to delve ...
...Because of the method of production, all genuine cobs, like snowflakes, are unique... they are crudely struck on uneven flans, & full details from the dies never make transfer to the coin ("ROYALS", {presentation pieces}, being the exception). They're not your typical minted coin where the only basic difference is grade. each one is truly a 'one-of-a-kind' ...
...Spanish coins are collected & identified by monarchy, rather than date, as the exact year may not make transfer to the coin, or, as in earlier versions, no date was put on the die ...
...each discernible detail on the coin adds to it's value, as does strength of strike ...
...Spanish colonial silver was tops in demand world-wide in it's day, known for it's guaranteed purity & weight ...
...Spain's method of denominating it's currency was the basis of our American system ..."two bits (25 cents), 4 bits, 6 bits, a dollar" ... 8 'bits' = 8 reales = one dollar ...
...Read & notice the condition of exchange on our Continental Currency & you'll see that the demand to exchange for Spanish Milled Dollars (the successor to cob production) is quite common ... the Spanish method of 1/8 is still used on our American Stock Exchange today...
...Knowing that our colonial forefathers accepted & exchanged these coins should lead to an interest in their study ...
...careful, though, ... these coins are addictive & pricey ...
...Accepted as legal tender until 1857, Spanish coins are really a tie-in to our American coinage
...it's truly a challenge be warned, these coins are addictive & pricey...