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1776 8 Reales. Good Fake Or Real Deal?

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Pillar of the Community
United States
1932 Posts
 Posted 07/25/2024  03:01 am  Show Profile   Bookmark this reply Add realeswatcher to your friends list Get a Link to this Reply
Leaving aside anything else... that's absolute textbook honest "circulated cameo" tone. More specifically, that's a very proper look, colorwise, for circulated Potosi silver of the 1770s.

Bob, in evaluating the oddities of Potosi 8R of this period... I believe I've stated before that a good study of the minor denoms - esp. the 4R which are of course closest in size AND quite plentiful - would be beneficial.

The 2R, as an example, are often SO amateurishly punched (and the punches themselves are quite crude vs. Mexico or even Lima), you'd swear they're contemporary counterfeits. Oddly, there does seem to be quite a variance in die quality, even within the same date.
Edited by realeswatcher
07/25/2024 03:19 am
Pillar of the Community
United States
1932 Posts
 Posted 07/25/2024  03:21 am  Show Profile   Bookmark this reply Add realeswatcher to your friends list Get a Link to this Reply

Quote:
You guys should go dumpster diving

New Member
Canada
6 Posts
 Posted 07/25/2024  2:47 pm  Show Profile   Bookmark this reply Add 30FromTheNorth to your friends list Get a Link to this Reply
Here is the weight of the coin, along with some other cool finds


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swamperbob's Avatar
United States
5361 Posts
 Posted 07/25/2024  10:23 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
realeswatcher

I know that you are a champion of the other side when it comes to several coins. I do not presume that the coin is either genuine or not UNTIL a scientific range of tests are run on the coin.

The Potosi mint is as I also understand noted for its poor control of assay and somewhat substandard die craftsmanship. However, poor craftsman ship is not involved here. When dealing with metal fatigue you need to consider how long die punches could possibly survive when they are used to make dies. Remember die steel used for making working dies is virtually in the same class as the punches used to create the impressions. The difference lies in the ability to soften iron in one case and harden it in the other. So how long did die punches last in practice? That is the key question.

Based on what period records still exist (mostly for Mexico City) die punches were replaced quite often. Matrix sets of punches were secured by the mint officials and were replaced when breaks occurred. A die maker was retained on staff for that reason. Based on discussions I have had with Dave O'Harrow, he believed that the smaller punches were replaced several times a year.

When he wrote "Hooknecks" it was along with his partner Clyde Hubbard one of the very few American citizens who has ever been allowed to examine the collection of the Mexico City mint including all of the dies and die making equipment that are normally kept from view. I had lengthy discussions with Dave O'Harrow on the topic of just how long die punches survived. That was back when I was considering an attempt to do a study like Overton did for US Bust half dollars. He cautioned against any such attempt because of the enormous number of dies used annually in all high output mints. The number was not in the hundreds per year but thousands. We also discussed individual die making tools and how dies were made. He indicated that a blacksmith was employed specifically with making die punches. Hubbard was the source of the information I put in my first book about how coin blanks were edged. His description of the process was what I used for my book.

However, I see it is far better to rely upon science to settle the issue. Weight is one thing, but density is far better as a test of authenticity. XRF is better still.

You said about the coin
Quote:
that's absolute textbook honest "circulated cameo" tone.
Perhaps it is, but it could equally well be artificial toning applied by a very good Numismatic Forger.

I will wait on making a decision until more scientific data is available.

30FromTheNorth

Thanks for posting the weight. It is within normal range for an 8R but that is absolutely no guarantee that the coin is genuine.

The other four coins you posted represented a wide range of collecting types. Were they found together?
New Member
Canada
6 Posts
 Posted 07/27/2024  5:57 pm  Show Profile   Bookmark this reply Add 30FromTheNorth to your friends list Get a Link to this Reply
Found on separate occasions between September 2023 and July of this year, all of which were found in the same location
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swamperbob's Avatar
United States
5361 Posts
 Posted 07/27/2024  10:40 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
If all of those items were found in the "same location" they may have come from the same source. When I saw the grouping, I wondered if it was part of a stolen coin collection.
New Member
Canada
6 Posts
 Posted 07/29/2024  4:02 pm  Show Profile   Bookmark this reply Add 30FromTheNorth to your friends list Get a Link to this Reply
Definitely not from a stolen coin collection, as hard as it is to believe they are from a 40 yard garbage bin behind a for profit thrift store about 20 mins from me.
I've kept a very detailed list of things I've found thrown out at this place, specifically brand new essential items that I go and re donate to not for profit charities around my area. To date, I've found and re donated 1565 brand new diapers in the boxes or bags they came in to a woman's shelter near me.
My point here is the bin is loaded with stuff nobody should ever throw out, and I have a good enough eye to know when I see something of value, like these coins, or anything valuable really. I just found a 1940-1941 WW2 polish army in exile officer's cap badge eagle yesterday night in the bin. To a minimum wage teenager working or volunteering for community service hours, everything is garbage and that's the kind of employees they hire so it's not far fetched to think these things are being thrown out to this extent.
Anyone here from Ontario?
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swamperbob's Avatar
United States
5361 Posts
 Posted 07/29/2024  6:57 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
So, all the coins came from a dumpster. The charity is definitely doing a very poor job of reviewing donations. Coins should always be referred to a dealer or collector because virtually every coin has some value.

I find it difficult to believe coins are not collected for periodic review. Perhaps you could go to someone in charge and ask about the coins. For a couple bucks they might agree to toss them all into a box. That way you could possibly help them out.
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jbuck's Avatar
United States
157664 Posts
 Posted 07/30/2024  08:48 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Coins should always be referred to a dealer or collector because virtually every coin has some value... Perhaps you could go to someone in charge and ask about the coins. For a couple bucks they might agree to toss them all into a box. That way you could possibly help them out.
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