I cannot comment on the coin itself, but I have seen these "certificates of authenticity" before. Normally, they are
part of
selling "
Spanish doubloons" to people who don't know anything about coins, but have heard of a
Spanish doubloon. It is
part of the marketing strategy and I suppose appeals to people who want a piece of
history and they are advertised in general interest rather than specific
types of publications, like the
Smithsonian Magazine. In the case of the "
Spanish doubloons," I always thought they were probably authentic as far as being old coins (but I really don't know), but they were so worn as to be unidentifiable and overpriced. Seeing this for a coin like you posted is something different.
Virgil