Interesting old coin....what is it?

[Joeyd]

This old quarter size coin is wrapped in 14k gold to make a pendant out of it. It was found via estate, and no one knew a thing about it so was wondering if anyone here might could identify it? Looks like something from an old shipwreck? Thanks

 

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[Mackaydon]

2 reales Spanish cob coin;probably similar to this one:
1682 Potosi 2-Reales - Coin Community Forum
Don......

 

[Joeyd]

Hey Don....thanks, I do see similarities here so its possible this coin could be from the 1600's ? I now know a little more about what to look for.

 

[Joeyd]

Hey Don....found this that looks a lot like it also and if you don't mind, what are your thoughts. Thanks

1731 Bolivia Silver 2 Real COB Treasure Coin in 14 KT Gold Bezel | eBay

 

[Mackaydon]

Potosi 2R 'pillars and waves' coins were minted between 1652 and 1773, the date would appear below the 'SVL'.
The mintmark, assayer's initials and the date all seem to be 'toast' on this coin, though a fraction of the last number in the date is visible.
Don.....

 

[kingskid1611]

That is a good snag from the estate sale. Congrats!

 

[Joeyd]

Thanks guys for the info., I appreciate it.... Kingskid, aside from the gold wrap, I'm wondering if it has any value? I actually paid .75 cents for it and a sharks tooth pendant.

 

[Mackaydon]

You did very well on the price; you might get $100 for the coin and 'wrap' combined.
Don...

 

[kingskid1611]

You did really well and should see a really nice return for that investment.