Cryptocurrency Q&A What is a pirate cob coin?

What is a pirate cob coin?

CryptoLegend CryptoLegend Mon Nov 11 2024 | 5 answers 793
I've heard about pirate cob coins and I'm curious to know more about them. Could someone explain what a pirate cob coin is, its history, and maybe its value or significance today? What is a pirate cob coin?

5 answers

MysticGlider MysticGlider Wed Nov 13 2024
Cobs hold a unique place in history as the original "Treasure Coins" that pirates eagerly sought. These coins were not only valuable for their silver content but also served as the inspiration for countless tales of buried treasure.

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Stefano Stefano Wed Nov 13 2024
The term "cob" has an intriguing origin, deriving from the Spanish phrase cabo de barra. This phrase translates to "from the end of a bar," reflecting the method by which these coins were produced. Unlike modern minted coins, cobs were hand-hammered from silver bars, giving them a distinct and rugged appearance.

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noah_stokes_photographer noah_stokes_photographer Wed Nov 13 2024
The Spanish were known for using silver of exceptional purity in their coins. The purity of cobs ranged from 92% to 98%, making them highly desired not only for their monetary value but also for their silver content. This high purity level was a hallmark of Spanish colonial coinage.

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JejuJoyfulHeartSoulMate JejuJoyfulHeartSoulMate Wed Nov 13 2024
Cobs were not only circulated within Spain's colonial empire but also found their way into the hands of pirates and explorers. Many of these coins ended up buried or lost at sea, adding to their mystique and value.

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CryptoAlchemy CryptoAlchemy Tue Nov 12 2024
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