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Thoughts On This Pillar 8 Reales?

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Pillar of the Community
Czech Republic
803 Posts
 Posted 01/11/2012  09:26 am  Show Profile   Bookmark this reply Add TwoKopeiki to your friends list Get a Link to this Reply

Quote:
PS - in terms of being puzzled by a slab grade (though again, I think "net graded up" is a sensible explanation)... In just the past few months, we've seen an "1813" that is clearly an 1815, and a several hundred dollar old numismatic replica get mistaken for a $10,000 or so authentic piece. On the floor at the INC, I recall seeing an NGC53 Charles IIII portrait Mex 8R (problem-free grade) that was just hairlined to death... Point being: don't be puzzled, they aren't perfect!


All great points. I might be kidding myself, but I'm still expecting some level of consistency from TPG's :)

@realeswatcher - I would have to liquidate most of my collection to have that kind of spending power. It's a fantastic looking example, though!

@Westwood Arms - no worries about posting off-topic from my end, especially if it stimulates further discussion about coins :)

@jfransch - do you have a link to the pics of the 2 1733MXF in your collection? I guess a comprehensive die study on those is not possible due to how hard it is to find examples of this variety?


Edited by TwoKopeiki
01/11/2012 09:28 am
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Larryh86GT's Avatar
United States
326 Posts
 Posted 01/11/2012  11:11 am  Show Profile   Bookmark this reply Add Larryh86GT to your friends list Get a Link to this Reply
You have a beautiful coin. I would love collecting these except for:

1. The counterfeits for these coins just scare the stuffing out of me. And aren't some counterfeits slabbed?

2. Collecting the 8R portraits are expensive enough.
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 Posted 01/11/2012  12:26 pm  Show Profile   Bookmark this reply Add realeswatcher to your friends list Get a Link to this Reply

Quote:
I guess a comprehensive die study on those is not possible due to how hard it is to find examples of this variety?


Since the 1733 varieties are such desirable rarities (the most common Mo-MF is only "semi-rare"), they tend to be featured in auctions more often, making for a better than normal accounting of them. They is especially true if you check out the various 1733 Fleet, and more recently Rooswijk offerings. First, you have the pieces from "jfransch" (I think they've been posted in a thread at some point?)... The Ponterio Rooswijk catalog from April 2006 alone shows pics of (15) different 1733-dated pillar 8R, incl. (2) of the MX-MF and an Mo-F; Sedwick #5 has (2) of the MX-F and (2) Mo-F from the 1733 Fleet; Sedwick #6 has (3) Mo-F from the 1733 Fleet and the Rooswijk; etc. Make sure to look through all the 1733 Fleet and Rooswijk material in the Sedwick auctions, and also obviously search Ponterio, Goldberg, Heritage, etc.


EDIT - Started looking around a bit RE: the 1733 pillar 8R. Came back across this... its older brother. Gary comes up with some good material, and his photos give a good view (from several angles) of what a 1732 pillar 8R should be like:

colonialcobs.com/forum/index.php?topic=169
Edited by realeswatcher
01/11/2012 2:00 pm
Pillar of the Community
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803 Posts
 Posted 01/12/2012  10:22 am  Show Profile   Bookmark this reply Add TwoKopeiki to your friends list Get a Link to this Reply
Realeswatcher - thank you for that link. Interesting forum, i'll keep an eye on it from now on.

Sounds like I would need to get my hands on the Ponterio Rooswijk sale catalog if I'm interested in that date.

Pillar of the Community
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 Posted 01/12/2012  10:26 am  Show Profile   Bookmark this reply Add TwoKopeiki to your friends list Get a Link to this Reply
Also, forgot to mention that along with the pillar in the original post that I won in the Ponterio sale, I also picked-up a nice raw 1763/2 MF pillar from Mike Dunigan at the show. Mike has some great looking coins, but his insistence on keeping most of his silver raw does result in some developing pvc and other spots of contamination. The pillar I picked-up had a few small green spots on the reverse and I submitted it to NCS at the show, asking to do a spot conservation and not touching the light pleasant toning. Got an update from them today that they were able to remove the PVC and not mess with the rest of the coin and that NGC assigned it an AU58 grade, which I completely agree with (just a hint of rub on the high points and very lustrous).

I'll post some pics when I get it back from them sometime next week.
Edited by TwoKopeiki
01/12/2012 10:29 am
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MathieuMa's Avatar
France
1591 Posts
 Posted 01/12/2012  10:35 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
Cool :)
Did you picked pictures before submitting the coin ? It will be interesting to compare what their work produced.
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Czech Republic
803 Posts
 Posted 01/12/2012  10:38 am  Show Profile   Bookmark this reply Add TwoKopeiki to your friends list Get a Link to this Reply
Mathieu, I did not get a chance to photograph after buying, but I should be able to notice any differences.
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 Posted 01/12/2012  2:53 pm  Show Profile   Bookmark this reply Add realeswatcher to your friends list Get a Link to this Reply
1763/2 - rare piece, nice grab (if you remember, we were talking about a fake of those a few months back... I believe from the guy with the scroungy-looking couch).

It's good that you have a dialogue with NGC such that you could tell them that (the advantage of having them live at the show, also). Good to see they seemed to use some sense and did spot-treat it. One of the things people used to complain about in NCS's early years was that they'd take a coin with nice toning BUT a few distracting spots... and remedy that by blinding dunking the whole darn thing to even it ALL out! PS - did you do some kind of express submission tier?

Interesting with Dunigan... that didn't occur to me when I was looking at his display. Soft flips and the people who insist on using them drive me nuts. I recognize that when you need to occasionally take the piece out the flip, they're better (Saflips or "unplasticized" flips are brittle, can scratch, hard to get the coin in/out without touching the surfaces, friction on rims when removing, etc.)... The 2.5" saflips are a lot easier to handle, but those take up more showcase tray room. But still, under those lights - those soft flips ooze! It's amazing they haven't come up with a better storage vs. display solution.
Pillar of the Community
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 Posted 01/13/2012  5:10 pm  Show Profile   Bookmark this reply Add TwoKopeiki to your friends list Get a Link to this Reply
Realeswatcher, I didn't realize the 3/2 MF was a rare one. I thought it was the other assayer combination for that year that was rare - MM.

NGC posted their horrible slab images on the certificate page, so here's a quick teaser before I receive it and have time to image it properly :)

http://www.ngccoin.com/certlookup/C...=3564998-001


Quote:
It's good that you have a dialogue with NGC such that you could tell them that (the advantage of having them live at the show, also). Good to see they seemed to use some sense and did spot-treat it.


Looking at the NGC certificate photo of the reverse, it appears they spot treated it well and there isn't discoloration around the bottom lion and castle where pvc was.



Quote:
One of the things people used to complain about in NCS's early years was that they'd take a coin with nice toning BUT a few distracting spots... and remedy that by blinding dunking the whole darn thing to even it ALL out!


I HATE when they do that. I had a few coins come back with a blast-white look that made me turn around and sell them.

I did the express submission. They got it through pretty fast.


Quote:
Interesting with Dunigan... that didn't occur to me when I was looking at his display. Soft flips and the people who insist on using them drive me nuts. I recognize that when you need to occasionally take the piece out the flip, they're better (Saflips or "unplasticized" flips are brittle, can scratch, hard to get the coin in/out without touching the surfaces, friction on rims when removing, etc.)... The 2.5" saflips are a lot easier to handle, but those take up more showcase tray room. But still, under those lights - those soft flips ooze!


Yeah, Mike is a great guy but his insistance on using soft flips is driving me nuts. I saw a few pieces that were already developing spots.
Edited by TwoKopeiki
01/13/2012 5:15 pm
Pillar of the Community
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1962 Posts
 Posted 01/13/2012  7:46 pm  Show Profile   Bookmark this reply Add realeswatcher to your friends list Get a Link to this Reply

Quote:
Realeswatcher, I didn't realize the 3/2 MF was a rare one. I thought it was the other assayer combination for that year that was rare - MM.



You're right, it's the 1763/2 MM assayer that's the rare one. Sorry about that.

The detail on the piece looks great (AU58 looks right on). Surfaces look pretty mark-free, too. Can't tell anything about the toning/color/spots from NGC's pics, though.
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jfransch's Avatar
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1801 Posts
 Posted 01/14/2012  01:48 am  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
If you want to start a die study on the 1733 coins, let me know. I will bring home mine and post them. I have at least 2 dies for the MXF and multiple coins from each die. I can check the MoF coins, I have several examples but never paid as much attention to the dies. I would be interested in seeing what other dies are out there.
In regards to the hoard of 1754 coins that came out, does anyone know how many, if any, of the coins were 1754MoMM crowns alike? Can someone who is a member of NGC check the population and see if there were any?
In regards to Mike Dunigan and his soft flips, with the beautiful coins he has he can store them any way he wants, priviledge of ownership. Most of the coins I have bought from him arrived in a mylar sleeve inside the soft flip so no concern about PVC.
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 Posted 01/14/2012  03:25 am  Show Profile   Bookmark this reply Add realeswatcher to your friends list Get a Link to this Reply

Quote:
...with the beautiful coins he has he can store them any way he wants, privilege of ownership.


Of course he can, but they won't be as beautiful with some PVC on them... Proper handling shouldn't be an issue at all from a dealer of that stature.

Regarding the 1733 pieces, if you remember, you posted a few 1733 Fleet pieces (incl. that rare 1733 MX-F) a while back:

https://goccf.com/t/90999

EDIT:
By the way, on the topic of 1732/1733 pillars and the 1733 Fleet... Do you know anything about Mel Fisher's otherwise unknown "1732 Mo-MF" pillar 8Rs that he procured in the early 1970's, along with 1732 Mo-F (the known type, though not sure about whether dies match) and 1733 pillar 8Rs purported to be from the 1733 Fleet? One popped up on ebay, ended yesterday. The story on these is intriguing, though it seems that numismatically these pieces have mostly been dismissed/forgotten.
Edited by realeswatcher
01/14/2012 07:38 am
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1801 Posts
 Posted 01/14/2012  11:26 am  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
Thanks for finding the old post. I have a second die for that date/assayer as well but if no one wants to start a die study, no need for me to raid the SDB.
I do not believe Fisher ever found any 1732 MoMF coins. He found a scattering of 1732 MoF and various 1733 coins but Mel was never a big player in the 1733 wrecks. He came down to the keys sites late after working the 1715 sites for RealEight and by that time was starting to fixate on the Atocha. Bob Weller worked the 1733 wrecks extensively and found 1732MoF, 1733MXF, 1733MoMF and some spectacular MXMF coins. Stefan Sykora found a large group of 1773 coins in the Coffins Patch area, (1733 wreck, ship unknown). His grouping contained a mix of MoF and MXF but I don't believe he had any of the elusive MXMF coins. His coins were carefully conserved by electrolysis and some of his nicer coins from the center of the clumps have blast white perfect surfaces where there was no heavy corrosion and demonstrate the beautiful Unc condition the coins must have been in when the ship went down.
I personally think all the 1732MoMF coins are fakes made to look like salvage coins to lend "credibility" to the fantasy date/assayer. With that said I have sent word to Eugene Lyons to ask if he can personally verify knowing of any havng been found. I will let the forum know what I find out.
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 Posted 01/14/2012  5:39 pm  Show Profile   Bookmark this reply Add realeswatcher to your friends list Get a Link to this Reply
"I personally think all the 1732MoMF coins are fakes made to look like salvage coins to lend "credibility" to the fantasy date/assayer."

Indeed, that's the exact claim about them... I realize Fisher wasn't really much involved in the 1733 Fleet wrecks (aside from handling some material here and there), and that's actually part of the mystery of these. I'm not sure if Fisher actually salvaged them or simply acquired them, but he WAS definitely the one who "produced" them in the early 1970's and it caused a big debate over their authenticity (coming down mostly on the side of "not"). Also, there were other pieces purportedly from that same Fisher batch which WERE known and recognized date/assayer/mintmark combos, unlike the "1732 Mo-MF"... though I'm not sure what known (if known?) die combos they would be. Actually, Lyon apparently has a discussion of the drama surrounding these pieces in one of his books, as does Robert Foley in his "Treasure" book.

colonialcobs.com/forum/index.php?topic=125.0

I hate to refer the other site (again), but it's a lot easier than trying to repeat everything written and attached. I attached a cached webpage with an article from the now-defunct Mexican Coin Magic website that discussed these.
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 Posted 01/25/2012  12:54 pm  Show Profile   Bookmark this reply Add TwoKopeiki to your friends list Get a Link to this Reply
After a week of being lost in the US Post system somewhere between Florida and New York, I finally received the 1763/2 and had a chance to image it. Very pleased with the work NCS did in removing the verdigris spots on the reverse.

Thoughts-On-This-Pillar-8-Reales?

Thoughts-On-This-Pillar-8-Reales?

Thoughts-On-This-Pillar-8-Reales?

Thoughts-On-This-Pillar-8-Reales?
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