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1884 As Ml 8 Reale - Top Pop!

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joeturbo26's Avatar
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Hello!

I just recently got my "grades are ready" alert for a 1884 Alamos 8 Reale that I purchased raw while on a trip to Italy. It for sure was one of the finest examples I've seen, and had to see what PCGS thought about it. Came back MS64, which makes it pop 1, finest known.

Here's my question— with so few auction comps, and it now being a top pop, how do I determine a realistic value?

PCGS Cert below, and TrueView attached.. In person the coin has the most incredible mirror like fields and beautiful toning.

https://www.pcgs.com/cert/64839494

1884-As-Ml-8-Reale---Top-Pop!
Edited by joeturbo26
Today 7H 35M ago
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jbuck's Avatar
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 Posted Today  6H 27M ago  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Very nice!

Hopefully someone will be able to assist you with the value.
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HondoB's Avatar
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Wow, what a fantastic coin, joeturbo26! Congrats on the grade and rank.
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nickelsearcher's Avatar
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 Posted Today  1H 34M ago  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
That is a great looking coin. Congratulations on the grade and PCGS Top Pop status.


Quote:
Here's my question— with so few auction comps, and it now being a top pop, how do I determine a realistic value?


I don't have a specific numeric answer for you, just a general statement.

The Top Pop status generally adds some value if your target buying audience are PCGS Registry Set collectors. If you get 2 Registry Set collectors bidding on it in a public auction the value can often far exceed expectations.

That said - there are only 8 collectors currently chasing a Mexico 8 Reales on the PCGS site.

That seems like a small pool of folks who might be interested in this as a Top Pop Registry item.

So - my suggestion is to compare to the price of other MS64 examples and thats likely to be close to where yours will end up valued in the market.
Take a look at my other hobby ... http://www.jk-dk.art
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If ms 64 is top pop then there is nothing to compare it too.
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