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Pillar Dollar with Chopmarks--thoughts?
TPRC
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First, apologies for the multiple posts. new to the photography thing and I did try the test site first but I still screwed up.
I picked up this Pillar Dollar with Chopmarks because it had such a good look. I have never owned a chopmarked coin but this one was nice and original. I think it would go 55-58, but it is in a genuine holder. Two questions--do chopmarks impact negatively the value of a coin (I assume so) and doesn't PCGS now grade these? The chopmarks are mostly small. Photos done with my new-found photography skills...and lots of time.
Comments welcome.
I picked up this Pillar Dollar with Chopmarks because it had such a good look. I have never owned a chopmarked coin but this one was nice and original. I think it would go 55-58, but it is in a genuine holder. Two questions--do chopmarks impact negatively the value of a coin (I assume so) and doesn't PCGS now grade these? The chopmarks are mostly small. Photos done with my new-found photography skills...and lots of time.
Comments welcome.
Tom
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Comments
bob
In honor of the memory of Cpl. Michael E. Thompson
<< <i>Nice looking chops! Smallies!! Is that a Mexico City minted 8 reales? Why the name pillar?
bob
Note the two pillars flanking the two hemispheres.
Then google the "pillars of hercules."
<< <i>Nice looking chops! Smallies!! Is that a Mexico City minted 8 reales? Why the name pillar?
bob
Bob, on the reverse you see the 2 columnarios (pillars) representing the Pillars of Hercules, the land on either side of the strait of Gibraltar. Plus Ultra on the pillars, meaning "further" is a reference to Columbus' discoveries far to the west of the strait. The coin was struck in Mexico City, denoted by the M mintmark.
The Pillar design dates back to the early 16th c., when medals of Spain, Belgium and other countries were struck showing two crowned pillars on the reverse and a portrait of the Monarch on the obverse.
Gilboy's book, "The Milled Columnarios of Central and South America" has a lot of information on this.
<< <i>Even though PCGS puts Trade dollars with chops into problem-free holders, I have not seen them do the same with these 8R. >>
What you will see occasionally see is a Pillar coin in a regular holder with a small chopmark hidden in the design which the graders either thought was innocuous enough to grade, or they just didn't see it.
Can't seem to find the reverse pic, but this is the best side anyhow. I really love these old choppers alot !
Tom
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
<< <i>Very nice jayPenn. The underlying coin looks like a nice xf. And some of the chops look older than others...or is that just the lighting? >>
It looks that way to me as well...the large chops in the middle actually are very lusterous down deep, as if the coin was chop while brand new and
then the main surfaces of the coin tarnished and the recessed area remained fresh ! Pretty cool !
Ricko, I will make the attempt, now that you've thrown down the glove