Two Reals Spanish Colonial Silver Coin Appraisal

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Two Reals Spanish Colonial Silver Coin (Piece of Eight) with Certification
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Two Reals Spanish Colonial Silver Coin (Piece of Eight) with Certification

This item consists of a small silver coin, identified as a Spanish Two Reals, accompanied by a 'Certification of History' from the Couch Coin Company, dated July 16, 199(x). The coin itself is a 'cob' style specimen, characterized by its irregular, hand-struck shape rather than a perfectly round machine-milled edge. It appears to be made of high-purity silver with a visible dark grey patina and surface encrustation consistent with prolonged exposure to marine environments or burial. The documentation attributes the coin to the reign of Phillip V (reigned 1700-1746) and lists the mint as Guatemala, dating it tentatively to the 1730s. The recorded weight on the certificate is 6.1 grams. Notable markings include portions of the Spanish coat of arms and a cross, typical of the era's 'hammered' coinage. The condition is graded as 'Fine' (F) on the certificate, though it shows significant wear and rounded edges from circulation and environmental factors. The certificate features a signature from a corporate officer and an artifact number (1758), indicating it was marketed as a shipwreck or historical salvage item. The assembly is housed in a clear plastic protective sleeve with three-hole punching for storage in a binder.

Estimated Value

$150-$250

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