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8 Reales: What Would You Do?

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Author Previous TopicReplies: 34 / Views: 2,636Next Topic Page 3 of 3
Pillar of the Community
Spain
1361 Posts
 Posted 03/18/2009  10:33 pm  Show Profile   Bookmark this reply Add manila galleon trade to your friends list
very nice for 20 bucks
Pillar of the Community
United States
1801 Posts
 Posted 03/19/2009  01:14 am  Show Profile   Bookmark this reply Add jfransch to your friends list
Great buy for the price. Nice coin to put in your collection.
Pillar of the Community
United Kingdom
2897 Posts
 Posted 03/19/2009  03:14 am  Show Profile   Bookmark this reply Add Bacchus2 to your friends list
That was a very good buy indeed. Hardly any PVC stuff at all. There is something very satisfying about large silver coins -- I can see why they were so popular for so long. :)
Pillar of the Community
United States
3499 Posts
 Posted 03/19/2009  4:53 pm  Show Profile   Bookmark this reply Add Archraz to your friends list
manilagalleontrade, jfransch, & Bacchus2 - Thanks! Would you guys agree that this is a VF?
Pillar of the Community
Spain
1361 Posts
 Posted 03/19/2009  5:27 pm  Show Profile   Bookmark this reply Add manila galleon trade to your friends list
Did you bathed this already with acetone?
Pillar of the Community
United States
3098 Posts
 Posted 03/19/2009  5:29 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list
ohhh... so these are chop marks? I always imagined them to be bigger and with more characters...
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United States
56855 Posts
 Posted 03/19/2009  5:32 pm  Show Profile   Bookmark this reply Add John1 to your friends list
Very nice coin,i have a couple questions,#1-if it is so easily cleaned then why didn't the dealer clean it and then sell it for more? #2-does anyone think it would be safe to use a worn out(soft) tooth brush on it?
John1
Pillar of the Community
United States
3499 Posts
 Posted 03/19/2009  5:58 pm  Show Profile   Bookmark this reply Add Archraz to your friends list
wd1040- Chop marks tend to very quite a bit. More often than not, chops are just small symbols used by an individual merchant rather than an actual Asian character.

John1- Well the reason why my dealer didn't just sell it for more has a lot to do with the market for foreign coins in my neck of the woods. In fact, there is virtually no market for them. Due to this, I have gotten a million great deals from this dealer. But in all fairness, part of it is also due to the fact that I have been a loyal customer for over 10 years and am on really good terms with him.
As for the issue of the toothbrush, I wouldn't clean the coin unless it was absolutely necessary. I think that the bristles would chance further scratching the coin. A slight rubbing with a soft cloth might be the best way to go in order to slightly improve the appearance without truly "Cleaning" a coin.
Pillar of the Community
United States
1666 Posts
 Posted 03/19/2009  8:54 pm  Show Profile   Bookmark this reply Add Numismat to your friends list
John, your toothbrush is the perfect thing for dug or sea-salvaged coins. I would certainly not use it on an original and decent coin.
Pillar of the Community
United States
1801 Posts
 Posted 03/19/2009  9:55 pm  Show Profile   Bookmark this reply Add jfransch to your friends list
Archraz. I would say VF/chops sounds good if you want to assign that kind of grade. I really never think in terms of VF,XF,AU etc, I own very few slabbed coins and buy my coins based on their appeal to me and if I think I am getting value for my money. (your purchase here is an easy $35 dollar coin so you got plenty of value for your money!) I am often amazed at the grades on slabs and wonder how many people buy the slab without really looking at the coin.
Pillar of the Community
United States
3499 Posts
 Posted 03/20/2009  01:50 am  Show Profile   Bookmark this reply Add Archraz to your friends list
jfransch- I totally know what you mean about some people just buying the slab rather than the coin. So in your mind do the chops reduce the grad or value? I'm just wondering since this does seem to be the case for many collectors, but not for me. I think that the chops had more of a historical context to the coin.
Pillar of the Community
Spain
1361 Posts
 Posted 03/20/2009  7:32 pm  Show Profile   Bookmark this reply Add manila galleon trade to your friends list
Chopmarks adds character to the coin if it is not overchoped.
Pillar of the Community
United States
3499 Posts
 Posted 03/20/2009  10:37 pm  Show Profile   Bookmark this reply Add Archraz to your friends list
manilagalleontrade- I totally agree. In fact, in my view a couple of chops are actually an attribute.
Pillar of the Community
United States
1801 Posts
 Posted 03/20/2009  11:25 pm  Show Profile   Bookmark this reply Add jfransch to your friends list
You can't get enough chops on the coin in my book. The more the better as long as you can still identify the coin. Especially when it is a better date, scarce coin.
Pillar of the Community
Spain
1361 Posts
 Posted 03/21/2009  06:14 am  Show Profile   Bookmark this reply Add manila galleon trade to your friends list
There are also many collector of chopmarks coins especially the chinese numismatist.

check this out:

http://www.chopmarks.com/
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