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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.
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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
    us
    Dec 2008
    St. Augustine, FL
    3,516
    870 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
    stefen

    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.

  7. #7
    us
    Feb 2012
    CTX 3030; The only metal detector I'll ever need
    1,996
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    All Types Of Treasure Hunting
    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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