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Help please - Is This A Genuine Gold Cob 8 Escudos?

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New Member

United States
7 Posts
 Posted 07/28/2011  11:57 pm Show Profile   Bookmark this topic Add kittyb to your friends list Get a Link to this Message Number of Subscribers
I inherited this coin from my dad. He said he found it scuba diving in the Bahamas in the 1960s I hope it's a genuine gold cob 8 escudos, but would very much appreciate a second opinion (note: I had it put in a coin-holder necklace, but hopefully it doesn't detract too much from seeing the edge details on the coin...).

If it is genuine(?), any info about it (was it minted in Peru?) would be great. Thanks!

Help-Plz---Is-This-A-Genuine-Gold-Cob-8-Escudos? Help-Plz---Is-This-A-Genuine-Gold-Cob-8-Escudos?
Valued Member
SilverCoinBoi's Avatar
United States
458 Posts
 Posted 07/29/2011  12:06 am  Show Profile   Bookmark this reply Add SilverCoinBoi to your friends list Get a Link to this Reply
Thats a neat story, I'm sure someone can help you. :D
Valued Member
coinsnpaper's Avatar
Canada
480 Posts
 Posted 09/01/2011  04:59 am  Show Profile   Bookmark this reply Add coinsnpaper to your friends list Get a Link to this Reply
It looks similar to the piture in Krause... the right photo is upside down. I don't know enough about these pieces to positively identify it.
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Tees1tee's Avatar
United States
146 Posts
 Posted 09/01/2011  5:18 pm  Show Profile   Bookmark this reply Add Tees1tee to your friends list Get a Link to this Reply
Lima 1736 V 8 Escudos

seen one one ebay item number 140587956469
Valued Member
pinpoint's Avatar
Netherlands
99 Posts
 Posted 09/16/2011  5:26 pm  Show Profile   Bookmark this reply Add pinpoint to your friends list Get a Link to this Reply
Hello ,

8 Escudos , 1736, Typo 2 , Felipe V ( 1700-1746)
Lima mint
av : L ( cecca) = Lima mint , 8 = denomination ,
PVA = Plus Ultra , 736 ( date) = 1736

Greetz from The Netherlands , Pinpoint
New Member
United States
7 Posts
 Posted 10/02/2011  7:03 pm  Show Profile   Bookmark this reply Add kittyb to your friends list Get a Link to this Reply
Thanks so much for the info on my Dad's coin! As it seems to be genuine, what do you think the value would be (I'd like to add it to my insurance). Any estimate of value (also how one determines value) would be greatly appreciated!
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junior e's Avatar
United States
931 Posts
 Posted 10/02/2011  8:26 pm  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
Contact GoldCobs.com. This coin is very valuable and please have the jewelry ring carefully removed from it by an expert. I hope the crimps didn't cause any harm to it. I'm sure that it is worth at least ten thousand dollars and the bold strike and amazing condition could make it worth far more. You have a real treasure there literally, and you really should call in the experts about your Onza. Start out with the experts that I listed above but I would never ship it to anyone to be appraised. I would have it with me at all times when the experts are around and never let it leave my sight with anyone that you are not related to. According to the website the condition of your Onza could make it one of the finest in existence. Good luck and never part with it. Your Father must have been a cool guy.
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Sap's Avatar
Australia
16806 Posts
 Posted 10/02/2011  10:20 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Unfortunately, I do not believe this coin is genuine. 1736 is a very common date for replicas; you can apparently even buy them at Disney World. It's an exact match for this fake 8 escudos.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
New Member
United States
7 Posts
 Posted 10/03/2011  04:21 am  Show Profile   Bookmark this reply Add kittyb to your friends list Get a Link to this Reply
@Sap - I looked at the fake cob on the link you provided and saw differences in my Dad's coin compared to the one you posted (although in reading the text at the ForgeryNetwork.com, I read that a few versions of this date (1736) are fake).

Along with this gold coin I also have a silver cob (my Dad said he found both coins together in a piece of rotting wood when scuba diving in the Bahamas in the 60s). Both coins were black in colour. I gently cleaned the gold coin shown here but left the silver one its original black colour (I'll take a pix of the silver coin and post it here so you can see it and how the gold one originally looked).

Aside from what my Dad told me, were the 'fakes' (such as the ones from Disney World) ever treated to appear 'black', with the real colour underneath only if one cleaned them?
New Member
United States
7 Posts
 Posted 10/03/2011  05:07 am  Show Profile   Bookmark this reply Add kittyb to your friends list Get a Link to this Reply
Hi again - I took a pix of the silver coin (at least I think it's silver?). The gold coin was a similar blackish colour before I cleaned it. I can't read any date on the silver one.

Also, this blurb was published in our local newspaper about the coins. The blurb was probably written in the mid-60s:

"Finds Ancient Coins - Two ancient hand made coins were found by Mr. Kelly while he was on a two week vacation at Lucayan Beach, Grand Bahama Island. Mr. Kelly, while skin diving, discovered the coins and piece of wood which is believed to be part of the hull of an old ship. One of the coins carried an inscription that appeared to be 1736. Edith Baxter, editor of Passport magazine, has been given the piece of wood and is having it examined to determine its age, etc. Mr. Kelly was told that this is the first discovery of such coins in the area in some time."

Don't know if anything of this is helpful, but I'd appreciate your thoughts...

Help-Plz---Is-This-A-Genuine-Gold-Cob-8-Escudos?

Help-Plz---Is-This-A-Genuine-Gold-Cob-8-Escudos?
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junior e's Avatar
United States
931 Posts
 Posted 10/03/2011  09:13 am  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
Do you have any way to weigh the gold coin. If it's gold then it should be over 27 grams. Sap, I obviously trust your knowledge but there are differences between the fake coin that you linked. Why are you so sure that it is phony. I would like to learn and in no way am I disputing your observation.
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pinpoint's Avatar
Netherlands
99 Posts
 Posted 10/03/2011  3:37 pm  Show Profile   Bookmark this reply Add pinpoint to your friends list Get a Link to this Reply
Hello ,

Tip !

Go to : http://www.maravedis.org
Click on : REYES DE ESPAÃ'A

You will find these types of coins under Filipe II / III
Denomination : 1 Real / 2 -4 Reales depending of weight and measure

Greetz from The Netherlands , Pinpoint
Edited by pinpoint
10/03/2011 3:38 pm
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junior e's Avatar
United States
931 Posts
 Posted 10/07/2011  11:59 am  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
Kittyb- Have you found out any more about this coin? I'm certain that your silver cob coin is authentic so it would make sense to me that the Onza that he found alongside it is authentic too. Please keep us posted on anything that you discover about the coins. I'm very jealous. I have some cob coins that I bought from Mel Fisher's son Terrry, so treasure coins are of great interest to me.
New Member
United States
7 Posts
 Posted 10/07/2011  4:41 pm  Show Profile   Bookmark this reply Add kittyb to your friends list Get a Link to this Reply
Hi 'junior e' - Thanks for the tips! Also, thanks to pinpoint, Tees1tee, coinsnpaper, SilverCoinBoi and Sap for posting.

I visited the GoldCobs.com site and looked up their appraisal info. Looks like he's backlogged and not taking any new photo appraisals (where you send in photos of your coin and for $15 he does a visual appraisal). But I may just email him with pixs and see if he's willing to take a look. Guess it couldn't hurt? I agree I'd never send it off to be appraised - can't risk the coins leaving my sight.

No ancient coin appraisers where I live, but last year I did take the gold cob (before I had it set in the jewelry ring) -- along with an ancient Augustus Roman coin I own -- to an annual coin show here in town.

I talked to one of the coin guys there (as he was the only person with some ancient coins -- roman ones -- on display, the rest all just had modern-type coins) and although he said he wasn't familiar with cobs, he did a a few simple tests (looked at it with a loop, did another test and said it was real gold, and then dropped it a few times on the table listening to the sound it made. I don't remember him weighing it, though.)

He said he thought it was genuine, but I should send it to an expert cobs appraiser in Toronto be be sure. (BTW, the roman August coin I bought in Greece in the 70s was definitely genuine, which was very cool.)

I'm glad you think the silver coin is genuine cos it makes sense to me as well that the gold coin should also also genuine since they were found together. Having both property appraised is something I'll definitely do, but in the meantime, I thought I'd post here to see what the opinions would be. I very much appreciate the help you've given me!

Cheers,
Kittyb
Edited by kittyb
10/07/2011 4:44 pm
New Member
United States
7 Posts
 Posted 10/07/2011  4:57 pm  Show Profile   Bookmark this reply Add kittyb to your friends list Get a Link to this Reply
Hi again Junior e,

Forgot to mention that the guy from the coin show mentioned Mel Fisher's treasure coins. He said that the value of my gold cob would be so much higher if Mel hadn't found all those gold cobs - lol.

Another thought just occurred to me - if my 1736 gold cob is genuine, how rare is the 1736 date? I've seen (or read) about the 'fake' 1736 dates and wonder if this particular date has some meaning? Are they're a lot of genuine 1736 cobs out there or very few?

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junior e's Avatar
United States
931 Posts
 Posted 10/07/2011  8:35 pm  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
Kittyb- I've been doing a lot of online research on it. The only things that I've noticed about potential population of this type are inferences by both GoldCobs and Worthopedia that genuine 1736 8 Escudos cobs are very rare. As I said before, I would recommend that you not wear it as a jewelry piece and have the bezel expertly removed from the coin by someone without shaky hands. I think that you have the real thing, so why not buy a copy and wear that as a necklace. I will continue to find out what I can. Another way to have it authenticated would be to submit it to one of the third party graders for authentication, grading, and to have it put in a protective holder to preserve it forever. I would recommend PCGS or NGC in that order to have it graded. Also don't do any more cleaning of the coins. That will reduce the value every time. I'll keep my eye on this thread and let you know what I find out.

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