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Spanish Cob Help

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These two coins were given to me about 25 years ago.

Since that time all I could find out about them is that they are Spanish Cobs dated 1718 and 1721 during the reign of King Philipe V. Any input or information would be welcome. I would also like to know a ballpark value of these coins. I do not plan on selling them, I would just like to know their value if any in the condition they're in. Thanks











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Appears that you have a Spain 1718 2 reales and a Spain 1721 2 reales, both with heavy salt water damage(sea salvaged) and corrosion. These coins are technically not 'cobs' but were in commerce with 'cobs'.( A cob refering to a quickly and crudely manufactured slice of silver with mint stamping). They both appear to have Madrid mint marks( M with a crown). They book for about $20 each in low grade. Due to the corrosion damage, they will be valued toward the lower end of book value.




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