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Dei Gratia Carolus IIII 1796 Hispan Et Ind Rex 8R Pp

 
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 Posted 10/25/2020  12:13 am Show Profile   Bookmark this topic Add devillesadvocate to your friends list Get a Link to this Message
Came across this in a pile of old silver. Can anyone help verify please?

TIA

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 Posted 10/25/2020  02:46 am  Show Profile   Bookmark this reply Add jgenn to your friends list Get a Link to this Reply
If genuine, the mint mark indicates Potosí, which is now in the nation of Bolivia, but when it was made it was in the Viceroyalty of the Río de la Plata, a part of the Spanish Empire.

These have been, and continue to be, faked so it's not safe to assume it is genuine.
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 Posted 10/25/2020  03:42 am  Show Profile   Bookmark this reply Add devillesadvocate to your friends list Get a Link to this Reply
@jgenn - Thanks for the additional details.
How would I go about checking if the coin is genuine or not?
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 Posted 10/26/2020  6:59 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
to the CCF.

In this case, probably not even worth the trouble to investigate if genuine or not, because:
1. It is so worn in some areas that detail is almost gone,
2. The graffiti and the hole has almost degraded the value to silver melt value.

Nevertheless, a 'keeper' for curiousity value.
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 Posted 10/26/2020  8:45 pm  Show Profile   Check ryurazu's eBay Listings Bookmark this reply Add ryurazu to your friends list Get a Link to this Reply
Sel has put if genuine still probably a close to melt coin due to multiple issue with the coin (worn, hold, crude graffiti and not craftsman type just someone with a knife maybe), however if not it would be a jeweller's copy and most likely still contain silver as too how much not sure.
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 Posted 10/27/2020  12:22 am  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
devillesadvocate Based strictly on appearance, I would say the odds are good that the coin is genuine and silver. The numismatic value is extremely limited unless there is a story behind the initials.

To confirm authenticity, Specific Gravity would be your best bet as long as the coin can be removed from the chain.

The coins of Potosi were notoriously variable in actual alloy which is why many countries did not trust them at full value. It is why the Chinese never paid a premium for these coins unlike those made at Mexico City.

This coin would actually be worth significantly more if it was a counterfeit made while these coins remained in circulation.
My book on Counterfeit Portrait 8Rs is available from Amazon http://ccfgo.com/TheUnrealReales or from me directly if you want it signed.
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 Posted 11/01/2020  01:18 am  Show Profile   Bookmark this reply Add devillesadvocate to your friends list Get a Link to this Reply
Thanks all.
I did some quick silver tests and the coin does appear to be made of silver.

The only thing that I'm still wondering about is that none of the guides for this type of coin are showing PP as mint markers... Does anyone have more info on the PP mark?
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 Posted 11/01/2020  02:52 am  Show Profile   Bookmark this reply Add Albert to your friends list Get a Link to this Reply
Assayer's Initials perhaps Pedro de Mazondo, Pedro Martin de Albizu
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 Posted 11/01/2020  1:29 pm  Show Profile   Bookmark this reply Add jgenn to your friends list Get a Link to this Reply
The mint mark is the PTS stacked on top of each other, just counter-clockwise of the 8R on the reverse.
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