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  1. #1
    us
    Mar 2012
    3
    Shipwrecks

    Just Purchased my first Cob

    I just received my first cob today.

    I purchased a COA grade 1 4 reale for $ 600.

    The coin looks authentic but Im not sure how to tell for sure.

    Here is a link to the site and coin I purchased.

    Has anyone heard of this company ?

    I have the dot matrix card in the coin holder. The cert is stamped but not very legible.

    Does this seem like a fair price for a coin this clear ?

    http://www.rarecoincollector.net/ind...oducts_id=8268











    Thanks

  2. #2
    us
    ARRG

    Feb 2005
    Sarasota, FL
    Whites Surfmaster PI Pro and Whites Surfmaster PI, Minelab Excal NY blue sword.
    1,949
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    Shipwrecks

    Re: Just Purchased my first Cob

    It looks good, except for the part where you stated that you paid $600!!!! Is that right? I know that most ( a majority at the very least) cobs found at that point, the motherload, were beaten to death with hardened steel needle bearings and ruined. A terrible thing to do. I guess a few didnt? They should have just cleaned the whole bunch the regular way and they would have had some nice stuff. They really jacked the price way above anything prior. I would have thought they were going for much less. But yours is a nice coin. Not beaten up by the steel needle bearings.

  3. #3
    us
    Mar 2012
    3
    Shipwrecks

    Re: Just Purchased my first Cob

    I was wondering if I could get a little insight from the experts here...

    Thanks

  4. #4
    Charter Member
    us
    Dec 2008
    St. Augustine, FL
    3,299
    739 times

    Re: Just Purchased my first Cob

    cpc - you got your opinion from Realeswatcher on ColonialCobs. The majority of experts here on TNet are active participants on ColonialCobs. As most will attest, Realeswatcher's opinion carries a lot of weight.

  5. #5
    us
    Mar 2012
    3
    Shipwrecks

    Re: Just Purchased my first Cob

    New here.

    Figured I would check both sites.. I assumed most members were in both forums.

    I appreciate any insight.

    Thanks

  6. #6
    us
    Feb 2006
    GARRETT PRO
    10,843
    879 times

    Re: Just Purchased my first Cob

    Quote Originally Posted by cpc12
    I just received my first cob today.

    I purchased a COA grade 1 4 reale for $ 600.

    The coin looks authentic but Im not sure how to tell for sure.

    Here is a link to the site and coin I purchased.

    Has anyone heard of this company ?

    I have the dot matrix card in the coin holder. The cert is stamped but not very legible.

    Does this seem like a fair price for a coin this clear ?

    Thanks
    Buying a coin of this caliber always requires considerable due diligence prior to purchasing by smart investors.

    However, the value is whatever the market will bear.
    The more one learns the more he understands his ignorance. I am simply an ignor ant man trying to lessen his ignorance
    Those with the most birthdays live the longest

  7. #7
    us
    Feb 2012
    CTX 3030; The only metal detector I'll ever need
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    Honorable Mentions (1)
    It's a nice coin but I think you paid too much for it. My wife and I bought a 4 Reale from spain 1623 and we paid 250 for it.We bought it in sandiego on va k.

 

 

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