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Back in the field today................

A

Anonymous

Guest
Went back to the field today. Shortly after I got there I found a spill of 30 memorial pennies and a 64' nickel. A little while later I dug this 1723 Spanish silver cross reale (I assume), now my oldest coin and silver to date. Shortly after, I uncovered this 1740, I'm guessing a Spanish reale. It was another good day in the field. I have a couple of questions. Where can I get info on these coins? This reale stuff is Greek to me. I did see a photo of a 1723 Spanish cross 2 reale, and compared it to mine. In my bottom left photo there is a R over M on the left side. In the photo of the Spanish cross reale, it is an R over S. On the right side of the same photo my "A" is an "J" on their photo. The crown was also different. Other than that the coins where the same. What exactly is the 1740 coin? Any info would be appreciated......................Rich <img src="/metal/html/confused.gif" border=0 width=15 height=22 alt=":?">
Ps:.....what elbow problem ??
 
What you have is the find of a lifetime. The Holy Grail of silver coins to be found with a detector. The 1740 coin is called a "Pillar Dollar", for the columns on each side of the globe. It's a real piece-of eight pirate slobbering, treasure coin. I know people that have owned detectors since they were made and have never been lucky enough to find a single one. Check the field thoroughly, foot by foot , as there might be more or even a cache that was disturbed by a plow and this could be only the beginning. Good luck and keep us informed. therick
 
The 1740 also is a Spanish 2 Reale minted in Mexico City.
Don
 
Spanish Silver was used by Colonists in New England before we had our own money....The King of England was to cheap to use is silver here in the 13 original colonies...so The King of Spain provided the colonists with "Kings Silver" otherwise known as the Spanish reales. Later on we adopted the denominations of the Spanish coinage. It goes likr this: 1/2 reale=1/2 Dime......1 reale= dime......2 reale= quarter dollar....4 reale= half dollar........8 reale= silver dollar
That is a find of a lifetime.....good job!!
Matty
 
awsome finds bud!!!!!!!
The 1740 is an exampe of the first milled or "pillar" coinage. On the obverse to the left of the crowned Spanish arms there is . M F representing the initials of the assayers Manual de Leon and Francisco de la Peña y Flores who worked together 1731-1754 . To the right of the arms is the denomination 2 with a rosette above and below, for two reales. On the reverse Mo is the mintmark for Mexico City. On the columns is PLUS VLTR, an abbreviation for the motto Plus Ultra (More Beyond).
1723 "Cob"
The intention in minting these crude but accurately weighed cobs was to produce an easily portable product that could be sent to Spain. In Spain the cobs would be melted down to produce silver jewelry, coins, bars and other items. Cobs also circulated as coinage, many cobs made their way to the English colonies where they were used both as coins in commerce and hoarded as specie. As the cobs were crudely produced it was quite easy for colonials to clip off some silver and then pass the coin off at full value. Also, because of their crude design it was easy to make lightweight counterfeit cobs using the clipped silver. Many clipped and lightweight Spanish cobs were melted down in Boston to make the Massachusetts silver coinage.
Cobs were produced in denominations of one, two, four and eight reales under Philip II (1556-159:geek: and Philip III (1598-1621). A half real cob was added under Philip IV (1621-1665). Cobs continued to be produced through the reigns of Charles II (1665-1700), Philip V (1700-1724 and 1725-1746), Louis I (1725), Ferdinand VI (1746-1759) and Charles III (1759-178:geek:. The obverse of a cob displays the crowned Hapsburg shield with the mintmark and assayer initial to the left and the denomination to the right of the shield. The legend, although frequently missing from the planchet, is some variation of the name of the king with DEI GRATIA (By the Grace of God). The reverse displays the arms of Castile and Leon within a quatrefoil design. The arms are similar to those on the Charles and Johanna pre cob silver coins but the two intersecting lines, dividing the shield into quadrants, are emphasized so that they represent a cross in the center of the shield with the castle and lion images in their respective corners. The legend is some form of REX HISPANIARUM ET INDIARUM (Of the Spains and the Indies - as found in the pre cobs). Starting in the seventeenth century most cobs were dated but this information was added to the obverse legend and was usually not picked up in the stamping of the coin.
 
Ok... TWO silllvar Spanish coins!! WOWZA, nice digs Rich! <img src="/metal/html/clap.gif" border=0 width=20 height=30 alt=":clap"> <img src="/metal/html/clap.gif" border=0 width=20 height=30 alt=":clap"> <img src="/metal/html/clap.gif" border=0 width=20 height=30 alt=":clap">
HH Alan
 
Wow Rich!!! Nice finds. I usually only get to see those in my dreams....
 
I wish I knew more about it's value and such. It's a shame finding it was wasted on a guy without a clue. Though I did smile at the dates. Same happened when I found a 1749 George II half penny early this year. I had to post that to find out what it was. Rich
 
Hey now!!! Bringing coins like that back into the light of day is NEVER a waste. Hope you find many more just like them.... We will all be wishing we could join ya!!! <img src="/metal/html/lol.gif" border=0 width=15 height=15 alt=":lol">
 
After reading a little on the coins and researching their value, I have to ask this question (and expose how really ignorant I am to foreign coins). What makes these coins or coin, the find of a life time? thanks.........Rich
 
These coins or family of coins have many names shapes and styles in their history. Cobs, Reales, Specie, Pillar dollars, all of these names bring to mind my childhood of playing pirates in the back yard and burying your "treasure" for safe keeping etc, etc. Every Pirate book or buried chest story fills the mind with pictures of a coin laden, wooden chest on a sandy beach with it's contents spilling into a pile as a hole was dug to hide the precious load to one day return. When you bought your first detector, didn't the thought of finding a fabulous prize like that ever cross your mind, even though deep down inside you knew it was impossible to really imagine? These are the types of coins one might find in such a chest. You have found a small part of that fantasy. These coins were also the only coinage used in the colonies as we were still too young to produce our own currency. They could be considered part of the history of the new world. If only they could talk and tell you what they've seen. According to what some of the information that is in the above links sent to you, I figure they are worth somewhere between 600 - 900 dollars, depending how bad you wanted to sell them or someone wanted them. Just my take on them. Sorry it took so long. <img src="/metal/html/lol.gif" border=0 width=15 height=15 alt=":lol">
Keep looking for more. therick
 
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