Re: Rookie Question For Sebastian Inlet Treasure Hunters
armchairQB30 said:
Lets say you were walking along the Sebastian Inlet beaches with your metal detector and you found 68 coins about the size of a quarter but not round like a quarter and they were solid black.
That is an area with a high concentration of both known and unknown wrecks. The area is known for treasure finds from the Spanish plate fleet of 1715. 68 coins in one very small area could possibly represent a survivor or contemporary salvor's private hoard. Or if spread over a slightly larger area it could be close to where a "spill" from the wreck occurred. If irregularly shaped they are likely hand cut spanish cobs. If they are the size of a quarter they are either undersize (worn) eight reale or four reale denomination. Black is the color of sulfide corrosion in the silver. Many coins have gone unnoticed in the past because they looked more like rocks than like a coin.
Before you cleaned them what would you think about them from the area you found them in?
I wouldn't tell a soul and would make sure that no one else saw me looking there until I was sure I got most of them. Also, I would recommend not cleaning them until someone looks at them. You could ruin the value of a coin cleaning it under certain circumstances.
What years should they be?
Most likely between 1650 and 1733 if they are cob coins. Earlier years are possible though.
What should they look like?
That can vary. Generally light to dark black, but many turn green if the silver has a high copper content.
What would be the value of these coins?
Totally dependent on condition and what the imprint shows. Dates, legends, mint and assayer marks all add to value. If hardly anything is visible (even after being properly conserved) values could be as little as $20. A fully dated 1715 fleet coin could easily be worth over $1000 on the other hand.
Where should they be from?
Mostly from Mexico City, Potosi (modern day Bolivia), and Lima.
Can you provide pics of uncleaned coins?
No, we are dying to see yours.
You are quite welcome. Now take some pictures!
Stan