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1811 Provisional 8 reale????

BackstageBackstage Posts: 12
in World & Ancient Coins Forum
If anyone could help me with ID and value for this coin I would appreciate it.image

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Comments

  • TwoKopeikiTwoKopeiki Posts: 9,737 ✭✭✭✭✭
    Well, it looks like an LVO type I (pomagranades and castles) Zacatecas Provisional. To be certain it's authentic - could you please post pictures (or describe) the edge, as well as list the weight to a nearest .01.

    8 Reales Madness Collection
  • TwoKopeikiTwoKopeiki Posts: 9,737 ✭✭✭✭✭
    If original, this would range between $250 and $350 raw. Slabbed - could go up to around $450.


    8 Reales Madness Collection
  • BackstageBackstage Posts: 12
    I don't know how accurate my scale it, but it is showing 27.1g. The edge has an almost hammered looking texture with numerous indents and such.
  • TwoKopeikiTwoKopeiki Posts: 9,737 ✭✭✭✭✭
    Can you see remains of any kind of pattern? These should have crude colonial edge (circles and rectangles).

    8 Reales Madness Collection
  • BackstageBackstage Posts: 12
    I can see faily consistent "dimples"??? hash marks etc on the rim. I can't make anything out though.
  • BackstageBackstage Posts: 12
    I got the coin with a lot of 1r and 2r coins as well as lots of early foreign. Everything else in the lot is good.
  • TwoKopeikiTwoKopeiki Posts: 9,737 ✭✭✭✭✭
    It's hard to authenticate, but the weight is suspicious. 1811 Zacatecas is listed in Riddell as one of the "low standards" issues - which started off at 25.66 grams and had low silver content of 0.540 fine. That said, it does not mean that yours is a counterfeit. I would still like to see the edge, if possible, but the only way to authenticate would be through someone specializing in series (like myself) with years of experience (unlike myself) image. Send it to a TPG (ANACS, for example, has someone very knowledgeable for authentication of Colonial issues). I don't know who handles Colonial issues for PCGS or NGC.


    8 Reales Madness Collection
  • TwoKopeikiTwoKopeiki Posts: 9,737 ✭✭✭✭✭
    Calbeto #1759 - 15 berry variety. Scarcity - common. The obverse die matches, the reverse lettering seems to differ from the die in Calbeto. In my opinion it's worth sending in to TPG - good luck image

    8 Reales Madness Collection
  • BackstageBackstage Posts: 12
    Thank you for the info, I greatly appreciate it. I'm in selling mode...what do you feel would be a fair raw price to a dealer/collector?
  • TwoKopeikiTwoKopeiki Posts: 9,737 ✭✭✭✭✭
    Krause doesn't list any varieties and prices the 1811 Zacatecas 8 Reales as follows:

    G - $100
    VG - $150
    F - $225
    VF - $350

    I would grade yours in the ballpark of F-12 and keep in mind that Krause has been about 25% below the market recently on Spanish Colonials. But as I said, it will be a hard sell especially to a dealer that doesn't know the series well enough to authenticate on the spot. My first suggestion would be for you to get it graded if you want to sell this coin for what it's worth. If you don't want to take your time with that - my second option would be eBay wil detailed description (including diameter, weight, pictures of edge and coin), as well as a return policy. The last option would be selling it "as-is, all sales final", but it would be a miracle if it goes over $200.

    Hope that helps,

    ~Roman

    8 Reales Madness Collection
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