Peru 1849 8 Reales - Coin Community Forum

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Author	Replies: 4 / Views: 1,604
Tleilaxan New Member United States 2 Posts	Posted 04/29/2015 7:55 pm I recently came across a Peru 1849 8 Reales and I am having a hard time assessing the correct value of the coin. I know that the Krause Catalog is a good source of information, but it's values are often time off when it comes to scarcer coins. Does anyone have an idea of the value of this coin? I would also be interested in seeing the 1849/8/7 variety to see if mine is that overdate. Report this Post to the Staff

GERMANICVS Pillar of the Community Germany 1856 Posts	Posted 04/30/2015 01:24 am You have a scarce and beautiful coin there. I have only found two on-line auction records for this coin, here: http://www.acsearch.info/search.htm...r=3&company= Your coin is better preserved and appears nicely toned. I would value it higher than the one referenced. A nice coin from Peru. Report this Post to the Staff
Tleilaxan New Member United States 2 Posts	Posted 04/30/2015 01:45 am Thanks a bunch for finding those auctions! I was not aware of that search engine for coin auctions, but I'll be sure to check there next time I'm looking for auction records. Would I benefit from sending this off to be graded or should I just leave it raw? Report this Post to the Staff
GERMANICVS Pillar of the Community Germany 1856 Posts	Posted 04/30/2015 03:51 am It look very nice as it is, personally I would probably leave it as such If I intended to keep it However, I understand (and accept) that encapsulation increases liquidity if in the future you decide to part with it. Report this Post to the Staff
MathieuMa Pillar of the Community France 1591 Posts	Posted 05/02/2015 05:50 am You'll miss the edge if you encapsulate it . It's a personal preference, except for very high grade coins I don't see the point (for some in increase value though - or is better to sort). Report this Post to the Staff
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