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On a scale of 1-10, how hardcore is the Rudman Charles & Johanna 8 Reale?

WeissWeiss Posts: 9,942 ✭✭✭✭✭

https://coins.ha.com/itm/mexico/world-coins/charles-and-johanna-early-series-rincon-8-reales-nd-c-1538-m-m-au50-ngc-/p/3066-19001.s?ic4=GalleryView-Thumbnail-071515

Charles and Johanna "Early Series" Rincón 8 Reales ND (c. 1538) •M•-•M• AU50 NGC, Mexico City mint, 36.5mm, 27.13g, KM-Unl., Calico-68, Nesmith-Unl. hISP[]ИIE : [ornament?] : [ornament?] : ET : IИDIARRVM : RE [truncated S?]:, a pair of crown-topped pillars (representing the Pillars of Hercules), rhomboidal banner in between with the word PLVS, one pellet above, one in either corner; R below (for Francisco del Rincón), cross above (value marker), all with inner beaded border / AKROLVVS (V double struck) : [ornament?] : ET : IOhAИA : D, crowned shield with turrets in first and fourth quadrants (representing Castile), and lions in the second and third (representing Leon), pomegranate at bottom (representing Granada); •M• (mintmark, stacked) on either side, all within inner beaded border. Perfectly centered and well-struck for the type, with a few slight imperfections in the rim just right of 12 o'clock and 7 o'clock keeping the flan just out of round. Wonderful slate gray surfaces that continue to emit rays of gorgeous mint luster.

Once considered to be a purely conjectural piece, this earliest of crown-sized coins struck in the New World--just two years after the establishment of the mint (later Mexico City) by royal charter in 1536--represents a minuscule group of just 3 known pieces recovered from the shipwreck of the "Golden Fleece" (sunk c. 1550) in 1990, and sold in 2004 (Goldbergs), 2006 (Heritage), and 2014 (Sedwick) respectively. First suggested by the testimony of Francisco Tello de Sandoval after an investigation of the mint in 1545 (though legislation for the minting of such pieces had been issued on November 18, 1537), the present offering displays all of the tell-tale signs concordant with this and other 16th-century accounts while hardly evincing a trace of saltwater damage.

We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame

Comments

  • BillDugan1959BillDugan1959 Posts: 3,821 ✭✭✭✭✭

    The fact that no such coins were ever known in the past (over hundreds and hundreds of years) makes this piece very dubious.

    However, there is a whole lot of dumb money floating around nowadays.

  • KkathylKkathyl Posts: 3,762 ✭✭✭✭✭

    one of a kind with alot of backdrop to the discovery. We shall see. Looks like a great piece for someone to pick up.

    Best place to buy !
    Bronze Associate member

  • BustDMsBustDMs Posts: 1,656 ✭✭✭✭✭

    @BillDugan1959 said:
    The fact that no such coins were ever known in the past (over hundreds and hundreds of years) makes this piece very dubious.

    The fact that there were some found in a shipwreck convinces me they are not MODERN fantasy pieces.

    Were they struck as official pieces then or as a “pattern” or presentation piece for Royalty?

    Q: When does a collector become a numismatist?



    A: The year they spend more on their library than their coin collection.



    A numismatist is judged more on the content of their library than the content of their cabinet.
  • BillDugan1959BillDugan1959 Posts: 3,821 ✭✭✭✭✭

    That's the cover story, ain't it?

    I can read too, I just don't always believe.

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited June 27, 2018 12:26PM

    This: Once considered to be a purely conjectural piece.

  • 291fifth291fifth Posts: 24,541 ✭✭✭✭✭

    How do we really know that they were found in a shipwreck? Just because someone said so or is there proof they were:

    1. Actually found

    2. Not planted.

    If I were going to purchase such a piece I would need a great deal more than a claim in an auction description.

    All glory is fleeting.
  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    I don't claim to know anything about these coins. The thing is, actual 16th Century issues/patterns/coins or not does not matter anymore. They have been accepted into the numismatic mainstream in auctions and certified as genuine by a TPGS. It would be interesting to do some metallurgical tests (which was probably done) to compare the alloy with coins from the same time period and mint. One thing obvious to me is the design punches don't match but I'm ignorant on when this practice came into use. At this time, dies may have all been hand engraved. It would be nice to compare all the auctioned pieces together in one place.

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    Depends on what "hardcore" means in this context. Should we ask Stormy Daniels or one of her close contacts?

  • RelaxnRelaxn Posts: 1,049 ✭✭✭✭✭

    I had similar questions concerning definition of "hardcore" thus i will fall in line with others... it seems Dubious may be more apropos

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @RogerB.... You are on a roll lately :D:D Cheers, RickO

  • sellitstoresellitstore Posts: 3,053 ✭✭✭✭✭

    Yeah, I wasn't sure about the use of "hardcore", too but if we define it as "significant" I would put this near the top of the scale- a 9 or 10.

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
  • jesbrokenjesbroken Posts: 10,375 ✭✭✭✭✭

    It looks a lot like an old counterfeit coin that I have had for 40 years or more.
    Jim



    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    @jesbroken said:
    It looks a lot like an old counterfeit coin that I have had for 40 years or more.
    Jim


    I disagree. The only thing similar is the color. :p

  • AbueloAbuelo Posts: 1,865 ✭✭✭✭✭

    This coin IS THE COIN, the Holy Grail of Mexican numismatics <3

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