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First 8 Reales Coin

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plonker's Avatar
United States
462 Posts
 Posted 01/10/2013  9:38 pm Show Profile   Bookmark this topic Add plonker to your friends list Get a Link to this Message Number of Subscribers
Hi All,
I got my first 8 reals from the local coin shop and would like to get your feedback. It weights 26.66 g. Sorry about the lighting of the photos, still struggling with my Celestron.



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Edited by plonker
01/11/2013 10:15 am
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Thailand
1509 Posts
 Posted 01/11/2013  09:12 am  Show Profile   Bookmark this reply Add thai-vic to your friends list Get a Link to this Reply
I'm certainly no expert when it comes to 8 Reales coins but I bought my first one just last year with the confidence of the expertise info gained in this forum. I'd been offered lots before but didn't have the knowledge or confidence before then.
Hope someone more expert replies soon but it looks good to me.
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swamperbob's Avatar
United States
5362 Posts
 Posted 01/11/2013  1:58 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
The coin looks good - there is a very slight possibility it could be a silver restrike (a Class 2 Counterfeit) made for the China trade, but in lower grades these are about equal in value in any event.

My only concern and the reason I say slight possibility is that the edge wobbles a bit and a couple of the circles are not quite round where they face the rectangles. But I would not concern myself with that. The cost of being 100% sure is very close to the value of the coin itself.
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plonker's Avatar
United States
462 Posts
 Posted 01/11/2013  5:57 pm  Show Profile   Bookmark this reply Add plonker to your friends list Get a Link to this Reply
Thank you Thai-vc and swamperbob.
Hi Swamperbob,
Out of curiosity how did you associate this with China trade ? Is it because of the mark looks like chop mark on the right pillar ?
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swamperbob's Avatar
United States
5362 Posts
 Posted 01/11/2013  10:08 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
plonker The coin appears as if it could be one of the silver restrikes which we document in our new book on the Counterfeit 8 Reales. The restrikes were made specifically for the China trade. They were silver and when well worn there are very few clues except XRF tests that can distinguish the restrikes from the real thing.

After 1830, China was the world's top consumer of silver and they paid a premium for the Portrait types. They averaged over 3 million a year and reached a peak near 30 million. If you add up all the 8Rs shipped into China to meet trade needs it actually exceeds the number made so they had to come from someplace.

So the association is not proven just likely based on my knowledge of the types that went to China.
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wonghinghi's Avatar
Hong Kong
1270 Posts
 Posted 02/01/2013  08:00 am  Show Profile   Bookmark this reply Add wonghinghi to your friends list Get a Link to this Reply
I really hope swamperbob can have a look of this coin. I remember (but can't find) there is a post telling about the edge pattern of a 8R, it looked like my following coin may be a class 2 counterfeit (sorry I can't describe the pattern, maybe the pairing up of each circle with rectangle). For the edge of this coin, I can't find any edge overlap, the feeling of touching of this coin is smooth, not like those original 8R. I hope it is not a modern counterfeit.

The coin weighs 26.5 grams and 40.1 mm in diameter.
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austrokiwi's Avatar
2087 Posts
 Posted 02/01/2013  08:18 am  Show Profile   Bookmark this reply Add austrokiwi to your friends list Get a Link to this Reply
Nice coin I keep on putting off getting an 8 reale piece, may be this year I will get one
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swamperbob's Avatar
United States
5362 Posts
 Posted 02/01/2013  1:11 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
I recognize the edge - the coin is a Class 2 Contemporary Silver Counterfeit made for the China trade. The edge is the 2 segment pattern whcih is not known on original edge dies. The 1805 was one of the primary Class 2 types.

XRF would be able to possibly determine if it is older or more recent based on the amount of gold, platinum and rare earth metals in the mix.
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wonghinghi's Avatar
Hong Kong
1270 Posts
 Posted 02/01/2013  6:13 pm  Show Profile   Bookmark this reply Add wonghinghi to your friends list Get a Link to this Reply
Thank you swamperbob. When I do a ring test on this piece and compare with those genuine 8R, I find its sound(pitch) is very pleasant and lasts much longer than the real 8R piece. The difference between the class two counterfeit and non-class 2 counterfeit by ring test is very clear.
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colonialjohn's Avatar
United States
1757 Posts
 Posted 02/04/2013  09:43 am  Show Profile   Bookmark this reply Add colonialjohn to your friends list Get a Link to this Reply
Since the Class 2 CC8R types are debased primarily with copper in place of silver to various levels the ring test for a Class 2 China piece will be LOWER than a legitimate 8R. The higher percentage of silver will ring HIGHER. Try it ...

John Lorenzo
United States
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wonghinghi's Avatar
Hong Kong
1270 Posts
 Posted 02/06/2013  08:22 am  Show Profile   Bookmark this reply Add wonghinghi to your friends list Get a Link to this Reply
By colonialjohn:

Quote:
the Class 2 CC8R types are debased primarily with copper in place of silver to various levels


You are right in this case but it seems your definition of Class 2 CC is different from swamperbob's because he said that the Class 2 CC were actually silver restrike, they were made for the higher premium when circulated in China.

I do the S.G. of this coin, it is 9.78 (corresponding to 57.36%Ag), other data: S.G. of '9999' Silver is 10.445; S.G. of pure Copper is 8.885. So I think my finding of S.G. of this coin is okay and acceptable. By the ring test, as I said the pitch/sound lasts very long and is different from those genuine portrait 8R. The coin must be a debased silver piece.

Now I tend to believe this is a modern counterfeit rather than class 2 contemporary counterfeit because I don't think this coin could 'cheat' old Chinese that it was made by sufficient silver content.

Could any one like to elaborate more about this contemporary counterfeit 8R for China?

P.S. The hand feeling of this coin is different from my other old portrait 8R; it is very smooth that may suggest it was made with different materials rather than 90%Ag.
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swamperbob's Avatar
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5362 Posts
 Posted 02/06/2013  12:55 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
I guess based on the SG, that the edge design fooled me and that some re-examination of Class 2 versus Class 3 is in order (specifically for the coins using your particular edge design). It may be more modern than I suspected.

The SG of this last 1805 coin would indicate that the coin most likely falls into Class 3 Numismatic Forgery and that it was very unlikely that it was made to circulate. It was definitely made with a late transfer type die pair. That means it was made after 1830 but could have been made last year as well. Class 2 is post 1830 but also pre-1940 and must have circulated.

Since your 1805 is under 600 fine it has only two places (based on average population of classes) where it could fall based on assay only. Since Class 1 is eliminated by the die making technology it must fall into the category of Numismatic Forgery Class 3 post 1930. I have yet to identify a Class 2 with silver content that low. Typically the copies I have discovered are in the 875-925 range.

Had it been above 700 fine it could possibly be classed as a Class 2 because many of them were also transfer impressions. They were made from 1830 to 1930. The key difference is actual circulation usually best determined by a very close visual inspection of the surfaces. This effect could be faked so in some cases the line is blurred.

The Class 2 Silver counterfeits are normally much closer to 900 fine. There are references from the 1830's about coins up to 16% low in silver content (740 fine) being made after 1830 that were accepted in China until the Schroff's were instructed on how to use SG. By the 1840s the coins in Class 2 were about perfect in silver content within the limits of SG accuracy. A US report from the early 1850s classed the counterfeits as perfect in alloy.

John is using the original definition we had for Class 2 which was age based not silver content based. The coins made with transfer technology and those made with German silver were initially going to be placed in Class 2. However in the final analysis very few cases of GS or coins that were beyond all doubt post 1830 transfer types (galvanic and impact methods) were actually discovered. By my count there were only 6 coins. There are over 500 Class 1 about 100 class 2 and 200 class 3 coins.

There were a more significant number of early partial transfers (probably a punch duplication process envisioned by Bolton) which number about 40 coins. Therefore these 46 coins meant we had to rethink the classification system.

These few coins would force a reclassification and enlargement of both Class 1 and 2 into at minimum of 4 sub-classes each. It would also generate more heat than substance since among collectors some were adamant that their coins were Class 1 not Class 2 because of the "early transfer" methods. The line between early transfer and later transfer methods was also indistinct on well worn coins and the possible case of high silver examples made from hand engraved dies only complicated the issue. Coins made using hand engraved dies are at present impossible to separate without XRF tests which might end up inconclusive anyway.

So holding onto the 1830 break as an absolute would leave us with eight categories instead of two:

Class 1a - Heavily debased - pre-1830 - nontransfer type.
Class 1b - Heavily debased - pre-1830 - early transfer type
Class 1c - High silver - pre-1830 - nontransfer type
Class 1d - High silver - pre-1830 - early transfer
Class 2a - Heavily debased - post-1830 - nontransfer type
Class 2b - Haevily debased - post-1830 - late transfer type
Class 2c - High silver - post-1830 - nontransfer type
Class 2d - High silver - post-1830 - late transfer type

The 1c and 2c types of which perhaps 6 examples exist would cause a lot of arguments which might not be able to be settled yet. The Class 1d is one for which I have never seen an example but even if I did the problem of distinguishing it from a 2d could be difficult when heavily worn.

So to accommodate all the known facts and to eliminate the potential disputes it came down to an easy fix. Take the 46 or so known problem examples and classify them by high or low assay (divided at 700 fine). By my estimate this placed 6 coins into Class 1 that were likely made after 1830. Not a bad fix to eliminate 6 almost unpopulated categories.

So in the end we have a few known post 1830 heavily debased coins in Class 1 and ALL high silver coins are in Class 2 regardless of exact date of production.

I hope that explaination helps.

Class 2 coins include a few SLIGHTLY debased coins but none under 700 fine.

Class 1 coins are the under 700 fine heavily debased copies made to circulate using various die and mold making technologies.

The selection of 700 fine as the dividing line was based on existing reports from 1830 to 1850. All Riddell coins (all class 1) are under 700 and all reported silver restrikes that were discovered in China are over 700.

Finally regarding ring. In my case, I have been told by my wife who is a wonderful singer that I have a tin ear. Therefore my comments on pitch might not be the best. But I have observed that some high silver coins ring differently than others and I suspect that internal crystalline forms (cast versus struck) might be the cause. I do know that internal laminations can screw up the ring too.

Ring was a method relied upon by the Chinese Schroffs until they used SG. I tend to bypass ring.
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wonghinghi's Avatar
Hong Kong
1270 Posts
 Posted 02/07/2013  11:17 pm  Show Profile   Bookmark this reply Add wonghinghi to your friends list Get a Link to this Reply
Swamperbob, thank you so much for your expertise in the Class 2 CC topic. I will read more carefully again for your explanation and information. By the time, may I know more about Schroffs? Was he an engineer or numismatist introduce the S.G. method to Chinese to detect debased silver coins? When did he do that? In some old historical pictures (also read from old literature), I see the old Chinese folks use the method of hitting the silver coins and listen the sound produced by experience to determine it is of sufficient silver content or not. Another method is blowing the air on the coin by mouth and listen the reflected sound from the coin so they were able to tell the silver coin was a counterfeit or not. Thank you.
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tokenmast's Avatar
United States
648 Posts
 Posted 02/08/2013  12:50 am  Show Profile   Bookmark this reply Add tokenmast to your friends list Get a Link to this Reply

wonghinghi

about scroff
swamperbob may have meant;
n. In China, Japan, etc., a native teller or silver-expert, employed by banks and mercantile establishments to inspect and count all dollars that reach the firm, and detect and throw out the bad or defaced ones.
To inspect for the purpose of detecting and throwing out what is bad: as, to shroff dollars

nice
swamperbob

Never heard the term before,...neither had spell check

edit for credit; wordnik; Century Dictionary and Cyclopedia
Edited by tokenmast
02/08/2013 12:37 pm
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swamperbob's Avatar
United States
5362 Posts
 Posted 02/08/2013  01:30 am  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
Henry

Schroff was a name given to a person charged with detecting counterfeit silver coins.

I like that definition by the way.

Schroffs originally used weight, ring, texture, color and "other" non-scientific tests to determine if a coin was good silver. It probably included taste (which was only dropped by the ANA in the 1950s). So blowing on the coin and other "tests" were likely. I have no idea what happened to them if they failed but I presume the punishment must have been harsh.

Schroffs first appear in the records when the China trade first opened at Canton. They flourished in the 1700s and were responsible for selecting the Spanish dollar as the BEST of the silver coins.

But after 1825 when the dollars from Mexico were not being made in Mexico anymore - schroffs inspected restrikes made in several other locations to insure they were good silver.

But these primitive testing methods meant that the forgers now entering the vacuum created by Mexican Independence could put in a little extra copper and get away with it. The limit seems to have been 12-16% extra copper (780 to 740 fine). Coins lower than that failed.

This practice continued into the 1830s to detect counterfeits. Between 1835 and 1840 the schroffs were introduced to specific gravity tests. It was likely the English who did it to drive the Cantonese out of the mint business. Cantonese jewelers began flooding the market with restrikes starting after 1830. The English had access to cheap silver on the world markets and dominated shipping so they benefited most from closing down the re-striking operations at Canton. It increased the English bottom line.

So SG allowed the 12% low coins to be identified easily and the forgers had to do better. By 1840 the schroffs could detect a bad coin that was only a couple percentage points off. So for the next 90 years or so the "new" Bustman Dollars were all subject to the schroff's new test and they were all made in near perfect silver (880 to 925 fine).

The whole story is in the book but this is the basis for the existence of the Class 2 silver coins.
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wonghinghi's Avatar
Hong Kong
1270 Posts
 Posted 02/08/2013  05:28 am  Show Profile   Bookmark this reply Add wonghinghi to your friends list Get a Link to this Reply
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