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1796 8 Reale

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Pillar of the Community
United States
1962 Posts
 Posted 03/05/2014  9:01 pm  Show Profile   Bookmark this reply Add realeswatcher to your friends list

Quote:
This one looks suspicious to me, as it seems to have been cleaned/polished and then re-toned.

If the tone (or dirt) is real, than this coin must have been for a long time in circulation.

Such a dark tone need not necessarily come from lots of grubby hands touching it in circulation, but of course could simply be a product of how it was stored.

I can sort of see what you're thinking about how the tone may be artificial... as it's very uniformly chocolate. I think, however, that is just reflective of a long period of storage in a reactive environment... with the brighter areas just indicating some friction from physical shifting over the years.


Quote:
The area near the rim (below the date) is very unusual.

You handle some Colonial portrait reales material... never noticed that effect in the denticle area? What EXACTLY causes that, I couldn't tell you, but it is seen on Mex mint pieces of all denominations.
Bedrock of the Community
United States
11951 Posts
 Posted 03/05/2014  10:41 pm  Show Profile   Bookmark this reply Add GR58 to your friends list
I will try to get some edge pictures and weight tomorrow
Bedrock of the Community
United States
11951 Posts
 Posted 03/07/2014  10:47 pm  Show Profile   Bookmark this reply Add GR58 to your friends list
Doctors .. have been keeping me busy this week.

Just now had time to take some pics.

1796-8-Reale

1796-8-Reale

1796-8-Reale
Pillar of the Community
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5362 Posts
 Posted 03/07/2014  11:18 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list
It looks fine to me. I would believe that it is a silver coin of the correct weight for an 8R. The alloy is likely correct within 5 points.

I think the Elephant in the room is when was it struck?

An XRF test might disclose that this coin was actually made long after 1800 and then again it might not. Either way, when all is said and done, it will most likely be worth the same price.

The more of the Class 2 Silver restrikes that are positively verified as being made after 1870 - the more I realize that they are so common that they may never all be identified.

Perhaps there is no reason to do so?

The simple fact that millions of restrikes were made without obvious clues to their identity is why these coins (Portrait 8 Reales in general) remain relatively common and relatively low in price.

When I was a beginning collector back in 1957 there was one old time coin dealer who knew about the silver restrikes of the 8Rs that were made in my hometown area and his opinion was that if an 8R contained the correct amount of silver - it was real. He did not concern himself about whether it was struck in 1820 or 1920. As long as you couldn't tell the difference - his opinion was who cares?

How does that sound to the average collector?
Pillar of the Community
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1666 Posts
 Posted 03/08/2014  11:30 am  Show Profile   Bookmark this reply Add Numismat to your friends list
It's a philosophical issue Bob. I mean if you have to spend $100 to have an advanced analysis done on a $50 coin to maybe tell the difference between genuine or type 2, it's just not practical.
Bedrock of the Community
United States
11951 Posts
 Posted 03/08/2014  12:52 pm  Show Profile   Bookmark this reply Add GR58 to your friends list
Thanks for the interesting reply swamperbob

I am curious what the XRF would tell me?

I may have access to a IR-X-ray ... I think that's what they call it.
If they would do it, I think it would tell me what metal is in the coin.

What sort of information would help tell when this coin was made?
Pillar of the Community
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1757 Posts
 Posted 03/08/2014  1:24 pm  Show Profile   Bookmark this reply Add colonialjohn to your friends list
As many forum readers already know we have a new book coming out in early 2015 or so (maybe - earlier) from the American Numismatic Society on these Portrait 8 Reales in terms of determining between regal and counterfeit. All the attribution tools you need will be in this book even XRF analysis interpretations.

John Lorenzo
United States
Pillar of the Community
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5362 Posts
 Posted 03/08/2014  6:57 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list
GR58 The XRF tests if properly done to an accuracy level that is fine enough can reveal trace contaminants in the metal which in some cases provides positive dating information.

The level of accuracy needs to exceed most commercial XRF devices. A laboratory set up that can isolate 20 ppm of BOTH gold and platinum is critical. Twenty parts per million is 0.00002 or 0.002%. The typical apparatus estimates levels below 0.01% or 100 ppm. That is 5 times too inaccurate to be of use.

Numismat
You are precisely correct about the test being too expensive to test every coin out there. That is why I started to identify die features associated with coins that have positive XRF test results for a late date. My theory was that once a specific die feature (like a broken die punch) is matched with a post 1870 date of origin or a post 1910 origin - that it follows logically that all other coins sharing the same dies or punch are also late restrikes.

However, just review the anomalous porthole/keyhole discussion begun by D0ubl3Eagle on Feb 21, 2013
https://goccf.com/t/142623&whichpage=1 and you will see that some people just won't accept a test unless EVERY coin is tested and proven to be a restrike.

This gets even more difficult when the SG tests correctly so that we can presume the coin is a full weight silver restrike. In that case only XRF is left - but do we have to do every darned coin before it will be accepted?

Here is a second thread same subject. https://goccf.com/t/147410
Edited by swamperbob
03/08/2014 7:14 pm
Pillar of the Community
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1666 Posts
 Posted 03/09/2014  10:35 pm  Show Profile   Bookmark this reply Add Numismat to your friends list
I believe having to test every coin is overkill. Die features that match are solid evidence and I think the majority of people would agree with you on that.
Pillar of the Community
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5362 Posts
 Posted 03/09/2014  11:03 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list
Numismat You say:


Quote:
Die features that match are solid evidence and I think the majority of people would agree with you on that.


You know - I agreed with you and thought that same way - until the threads I referenced above.

It is now apparent from the discussions we had here, that some individuals will not even consider such proof and reject the conclusions reached unless tests are done on EVERY example.

That is why I now doubt that enough collectors will ever reject these coins as genuine and treat them like the restrikes that they actually are.
Pillar of the Community
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1666 Posts
 Posted 03/10/2014  12:41 am  Show Profile   Bookmark this reply Add Numismat to your friends list
Seems like that was mostly the one guy speaking in defense of coins they were selling. I have faith that once the book comes out it will be a game changer in this regard. Too much effort has been put in to lose hope in the final stretch :)
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5362 Posts
 Posted 03/10/2014  3:19 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list
I am not loosing hope - I am just very fearful that the actual number of restrikes may actually exceed the number of genuine portrait 8Rs that exist. I did not state that in the book but the more I research and the more coins I check - the fewer I see as actually genuine pre-1810 strikes. I hope the book does not turn the Portrait 8R of Charles IV into another Maria Theresa Thaler series.
New Member
United States
38 Posts
 Posted 03/10/2014  3:40 pm  Show Profile   Bookmark this reply Add Carlos J to your friends list
My Two Cents: it would be essential, as part of the "proof", to have a statistically meaningful calibration of the analysis. I. e. test a group of what we know are pre 1810 coins (say, like the hoard from Haiti I handled 6 or so years ago of about 1000 pieces) and see whether those results are ok with the documentation and consistent within themselves. The pool of pieces to calibrate "pre-1810" readings has to be substantial.
Other points:
- the Madrid and Mexico mints carried fineness testings that were accurate at the time, and records of those still exist. If our (your) tests of coins that are provingly pre 1810 do not match those historical tests, then there is a problem with the methodology.
- Do post 1787 8 Reales show the decrease in fineness that is to be expected from the secret royal ordinance of 1786?
- edge mills are not entirely similar between them. The Lima pieces have a characteristic edge, entirely different from the Mexico and Potosi pieces.

Sometimes modern results are not reliable or not easy to interpret. I recently catalogued a couple of rare 1646 Necessity Florins from the Dutch Brazilian series. Historical records show that these were indeed struck from gold that came in a vessel coming from Africa which presumably was bringing gold from the ducth controlled mines there. But modern testing of those coins showed that the metal was different from the Islamic coins struck with gold of the period and region.
The authors concluded that the coins were NOT struck from african gold.
But in my opinion, this was a mistake: either the tests had methodological errors, or their initial hypothesis (that the Islamic coins were indeed struck from the same African gold) was flawed: if the historical records state clearly that the gold used came from gold carried by those vessels, I have no reason whatsoever to doubt it. So either that gold (from the vessel) did not came from those African mines, or the comparison test of Islamic coins was flawed.
Pillar of the Community
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1757 Posts
 Posted 03/10/2014  5:29 pm  Show Profile   Bookmark this reply Add colonialjohn to your friends list
Carlos - at the MNA I will buy you a drink or two and we can discuss why XRF CAN NOT be used to determine origin (geogrpahical origin) of metallic coins. A generic Time Period - YES - as we do in the ANS/GNL book but not geographical origin such as having the presence of platinum and gold in CERTAIN trace amounts in the silver analysis as was shown in my September 2013 MNA Chihuahua Cast/Restrike paper. Microstructure analysis with other Material Analysis tools such as XRF analysis is showing hope NOW with certain ancient coinage. Material Analysis and geogrpahical confirmation of coinages particularly past 1500 is still 50 years or MORE away ... yes the study was flawed ... studies like this can only SUGGEST certain conclusions and not yet CONFIRM with HIGH CERTAINTY the geogrpahical origin of a coinage based on Material Analysis ...

John Lorenzo
United States
Pillar of the Community
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4883 Posts
 Posted 03/17/2014  10:03 pm  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list
I actually saw one of these over the past weekend at a small coin show, and it was absolutely gorgeous - white in the center with a narrow band of gold to blue toning along the rim. The strike was just perfect, I mean, this example was MS-69, and I don't think I'm exaggerating at all. My reaction was that it scared me, that there was no way it could be original in that condition. Price was $900.
Colligo ergo sum
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