A Tale of 2 1825 DO RL 8 reales
bidask
Posts: 13,834 ✭✭✭✭✭
Both of these were auctioned today Heritage CSNS.
The first coin is graded NGC 61..........it brought $780.
The second coin is graded NGC AU 55 .....it brought $2520.
3 points lower.
Care to comment ?
I manage money. I earn money. I save money .
I give away money. I collect money.
I don’t love money . I do love the Lord God.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
0
Comments
I like the second coin better. Apparently, so did the bidders.
Two very different dies. I'm guessing one is scarcer than the other?
8 Reales Madness Collection
Both coins have the period between Republica and Mexicana vs. coins struck without the period.
Dunnigan Parker also state that "there are several different styles of cactus that bear close examination."
Perhaps that has something to do with the difference in bidding ??
I give away money. I collect money.
I don’t love money . I do love the Lord God.
Resplandores notes three different eagle punches, but doesn't list any specific one as scarcer than another. Both the eagle/cactus above appear to differ from the coins pictured in the book.
While both have the period, all other elements (eagle, cactus, legend) are still different. Personally, coin #2 is way more attractive. I'm sure most of us have paid more for an attractive AU example than a beat-up 61-62.
8 Reales Madness Collection
For the reverse after Mexicana, the AU55 has a dot while the first one does not. Must be rarer variety, the AU55 has great detail and look too
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
Nice observation ....Dunnigan and Parker do not mention I believe.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
The negative eye appeal of the ms61 explains it all to me
Latin American Collection
I have been told that MS61 means yes coin lacks the rubs but it has way too many marks, scratches distractions that it gets low MS grade. Most agree a little rub is better with less (penalty points). I will take a nicer AU 55-58 over a MS 61-62 and perhaps 63 any day. It’s about strike, eye appeal and all the rest. This is perfect example of that.
Best place to buy !
Bronze Associate member
We need a specialist to comment. Is it the variety or the eye-appeal that made the difference? (Perhaps it was both.)
One thing is for sure, the 55 is nicer.
I've gotten to the point where that first coin might as well be a chunk of bullion. All the history has been stripped away, so only the metal value remains. #1 is also more weakly struck with negative eye appeal. The 2nd coin is a little dark, but has a sharp strike and what appear to be more original surfaces.
I'm not a specialist, but the ratio of price #1 to price #2 doesn't seem crazy when you look at the coins.
Pictures are worth a thousand words... but in this instance, not a thousand dollars as to coin #1
Experience the World through Numismatics...it's more than you can imagine.
I also think that AU55 was a bit severe. The eagle's chest looks impeccable.
Dip ye not.
Well, just Love coins, period.
NGC can be a bit all over the place, but at PCGS AU grades are all about that luster.
8 Reales Madness Collection
Coin 1 is hideous, futzed with, and flat. Coin 2 is attractive, wholesome, and better detailed.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars
One looks good, one looks terrible.
The difference in assigned numbers doesn’t really matter in this case.