Region: Bolivia Condition: F-aVF! Mint Place: Potosi? Mint Period: ca. 1750s-1760s Denomination: 1 Real (3pcs) + 2 Reales Weight: 3.8gm, 6.43gm, 3.94gm, 3.07gm Diameter: 17mm-22mm (each) Material: Silver
The first coinage of the New World and what comes to mind when we think of Pirate Treasure are pieces of eight. These first coins, often called cob coins, were made from roughly cut planchets (blanks) by striking them with hand dies. The word Cobb comes from a simplification of the Spanish phrase, Cabo de Barra, which translates as, from a bar. After the coins are struck, they are weighed by an assayer who cuts off any excess Silver which is why most coins have some of the impression cut away. Due to this method of manufacturer no two coins are alike and many are collected for their unique shapes alone. The Cobb coin, like anything that is no longer available is becoming very scarce and hence more valuable. The few remaining Coins are the last vintage of the glory days of pirates and Treasure hunting and are fast disappearing into private hands.
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