Cob coins were effectively the first coins minted in the Americas by the Spanish conquering authorities. These coins were issued by various mints for more than 200 years starting in 1536 when the Mexico City mint issued its first coins. Rather than rolling out a bar of silver into a sheet of a specific thickness that could then be cut into smooth round planchets which would be stamped into coins, a faster method was employed. A bar of silver was simply cut into chunks of the appropriate weight. These small sliver clumps were then treated as if they were finished planchets and were hammer struck between crude dies. The word "cob" is derived from the Spanish word "cabo" meaning "the end" that is, the sliver of silver cut from the end of the silver bar.

COB COINAGE

Obverse Reverse Prefix Inv Num Date Country Denom Topic Comments Fineness ASW Metal KM Grade Value $
FC 30256 S 1589-1615 COB COINAGE - SPANISH SHIPWRECK 8 Reales Philip III ATOCHA SHIPWRECK COIN WITH INSERT     Silver   Shipwreck Salvage $300.00
FC 33140 1700's Spanish Cob 4 Reales Full Cross 12.8 Grams 0.93 Silver   Very Good $245.00
FC 24359 S
1701 COB COINAGE 8 Reales 1715 FLEET PERU, Shipwreck "Cannon" (Wabasso)       Silver   Shipwreck Coinage $535.00
FC 24360 S
1715 COB COINAGE 8 Reales 1715 FLEET       Silver   Shipwreck Coinage $395.00
FC 24361 S
1715 COB COINAGE 8 Reales 1715 FLEET MEXICO, Shipwreck "Cannon" (Wabasso)       Silver   Shipwreck Coinage $395.00
FC 24362 S
1715 COB COINAGE 8 Reales 1715 FLEET MEXICO, Shipwreck "Cannon" (Wabasso)       Silver   Shipwreck Coinage $295.00
FC 24363 S
1715 COB COINAGE 8 Reales 1715 FLEET MEXICO, Shipwreck "Cabin" (Wabasso)       Silver   Shipwreck Coinage $295.00
FC 24364 1715 COB COINAGE 1 Real 1715 FLEET MEXICO Shipwreck "Cabin" (Wabasso)       Silver   Shipwreck Coinage $90.00
FC 24365 1715 COB COINAGE 2 Reales 1715 FLEET MEXICO, Shipwreck "Cabin" (Wabasso)       Silver   Shipwreck Coinage $90.00
FC 24366 S
1715 COB COINAGE 8 Reales 1715 FLEET MEXICO, CERT. #ALZ-50       Silver   Shipwreck Coinage $445.00
Date of last update: 11/05/2021