Help with 1792 8 Reales.... what's the grade?
tincup
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I have not had much experience with world coins. Just pulled this out of some that I have accumulated through the years; this 1792 Mexico 8 Reales is in a graded holder, but not PCGS. Seems like nice original toning; there is luster along with the toning, but my photos do not show that very well. Anyways, what grade would you call this? (I think it may be undergraded some... but like I said, I don't know much about foreign!). Thanks for any thoughts or info/
----- kj
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Comments
Looks AU to me.
I concur, AU. I was thinking 55.
I'm BACK!!! Used to be Billet7 on the old forum.
Thanks.... appreciated the input! About what I was thinking on it also. At least a little better than the AU50 that is on the old PCI holder.
Might come back as cleaned because of the obverse hairlines, but my guess would also be 53-55 range depending on the amount of luster still present.
8 Reales Madness Collection
The AU spectrum is the most probable with 55 being the most probable outcome. The hairlines add some concern whether the coin would straight grade if resubmitted today. And before discussing that possibility further, let’s take a closer look at the PCI slab. If the PCI slab is around 30 years old, the font will be different and there will be a blue border around the top portion that sort of highlights all of the pertinent information. Blue was used on World coins… Green was used on US coins. And so called problem coins has a Red border. At this time… as in 30 plus years ago… PCI did acknowledge problem coins.
So if you can, post an image of the top portion of the slab so we can see it. If the PCI slab has the older features, that might have a larger impact on whether the coin might be worth cracking out.
I like the look - some of the color may derive from the time in the slab. If it is the older PCI slab, it simply may not be worth the risk. World coins in that early generation slab are not easy to find. However, if it is a later slab, the decision is not about the slab but whether it makes economic sense. And it just might be worth it.
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