Thoughts on an old MTT coin?
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Hello and good day everyone.
I'm new here. I just recently acquired this very old MTT coin dated 1752 and would love to hear your thoughts about the coin. Few questions in mind...
1.Is this real or fake? The weight is 27.3g with diameter of about 39.5mm and thickness almost 1.1mm.
2. Which mint and at which country produces the coin?
3. Is it a restrike?
4. What is your opinion about sending for professional grading taking into consideration there are test cuts on the obverse coin surface. Would it get graded in the first place?
Thanks
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Comments
The Maria Theresa thalers were used just like the Spanish/Mexican 8 reals, the US trade dollars , the Brit trade coins, etc and became accepted in many European countries, as well as Africa and other nations, primarily for trade.. Her last year was 1780, so you have a restrike from any of the Eastern European countries or Africa or elsewhere. Some may be able to help, as there are restrikes varieties noted by any number of modifications on either side. All I can say is that it was well circulated, but who knows when or where.
Yikes! I read the date as 1792 when I looked, hence my comment on a restrike, some with dates into the later '90's. I wouldn't send it in. They were struck by various mints for years after and any money you give to a TPG will be lost forever.
Roman emperor Marcus Aurelius, "Meditations"
Apparently I have been awarded one DPOTD.
Based on your logical evaluation, if it is fake as per se you could have easily find one similar since fakes can be mass produced. So can you please find another fake example for me with the same year???
Also you should take note that the coin has been in heavy circulation resulting in the edge details becoming flat due to wear and tear.
Also MTT has lower silver purity compared to standard 90%s. Hence I wouldn't be surprised greens from copper oxidation will appear.
Notice carefully that the coin blank is slightly off rounded hence cause the BURG lettering to get too close to the edge during the striking process.
The problem with people like you is having your mindset affixed on a coin in perfect condition like what you see in auction sites, but were never attuned to what a coin would look like if it is in heavy circulation with wear and tear.