8 Reales Mexico says ND but I see 1811

TheGoonies1985

Why has this coin blasted past its estimate?

https://auctions.stacksbowers.com/lots/view/3-XVVXS/mexico-war-of-independence-8-reales-nd-ca-1820-fine

TheGoonies1985

I don't know much about the coins from the revolution period so please bare with me. This coin must be special in some way just trying to find out why exactly?

7Jaguars

The ND may refer to the counter stamp being ND, not the coin I would imagine.

MrEureka

@7Jaguars said:
The ND may refer to the counter stamp being ND, not the coin I would imagine.

The cast was made from an 1811 dated coin, but the cataloger is saying that the cast is believed to have been made "circa 1820".

Abuelo

@MrEureka is right on target.

TheGoonies1985

So that makes it worth that much more?

MrEureka

@KingOfMorganDollar said:
So that makes it worth that much more?

No. The fact that it's a contemporary counterfeit of the era adds some interest to the piece, but nobody would bid anything like that if not for the countermark. And not that I think anyone actually knows anything that would justify the price, but obviously two people think the piece has potential. (To be clear, I am not one of them.)

TheGoonies1985

Thanks.

TwoKopeiki

For pieces like this Stacks should post XFR alloy analysis, although less info in this case seems to have resulted in some spirited bidding.

TheGoonies1985

Sold 4560$.