Posted 01/27/2011 01:01 am
Quote:
One reason I personally would not own one is most Attocha coins, I've seen, did not have a certificate and were way over priced
One reason I personally would not own one is most Attocha coins, I've seen, did not have a certificate and were way over priced
I also think so, but there is an important market for this type of objects and coins. For example, you should look Frank Sedwick's website, to see how well this objects sell, even in auctions.
Even the catalogues of original auctions that sold the objects are collectibles!
As for the matter of people claiming the objects belonging to Atocha without the certificate of authenticity... swamperbob told a story about a dealer that bought an 8 reales coin, and even though it was in a regular condition, he send it to a TPG because there was a good chance that they would put it in a shipwreck slab, "El Cazador" in this case, thus increasing the value because of the shipwreck factor.
And of course, there is the apparition of curiously rare objects and coins in alleged shipwrecks. There is an interesting article about "False Mexican Colonial Gold Bars" by T.V. Buttrey that had to be published in an obscure Mexican Magazine because no one in the US would publish this article referring to the participation of a noted American numismatic dealer in this affair.
Hope this was the information you were asking about.
