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Replies: 19 / Views: 4,702 |
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Valued Member
Croatia (Locally: Hrvatska)
92 Posts |
Hi, recently I buy 4 reales 1811 from Spain. Here are scans:   Problem is that the coin have weight 5.75 grams instead 5.41 grams. What do you think? Is it genuine? It is non magnetic and sound like silver. Same problem here: https://goccf.com/t/133690Thanks for answers. Edited by monarch 03/04/2013 2:43 pm
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Pillar of the Community
United States
5362 Posts |
Luis Barrera Coronado in his book "Catalogo General de la Moneda Falsa Espanola" lists 2 different versions of the 1811 4 Reales of Joseph Napoleon as existing. Unfortunately he does not show pictures or provide weights. But the AI assayer version he does refer to as "plata".
Therefore there is a known counterfeit in silver of that date. Is it yours?
The weight is a very bad sign. That coin is 6% too haavy and it is worn. So when new you would have to believe that it was 10-12 % heavy which is impossible.
I know a question of the correct weight has been raised. I am not 100% sure but if you do the math - the weight os a 4 reales multiplied by 2.5 equals the weight of a 10 reales exactly 13.54g and that multiplied by 2 matches the weight of a 20 reales. In other words the numbers work out.
The coin certainly looks very good. The die work is excellent and the wear seems original. You may have a contemporary forgery made sometime after 1830 or so. It is very likely worth more as a counterfeit than as an original.
What kind of edge design does the coin have?
I recall that other thread as well. I did not like the die work on that coin and it looked like a forgery - a modern one. I own several 20 Reales and they are all overweight. But they are modern.
Your 4 Reales looks far more like a period forgery to me.
SG would still tell a story if you have an accurate enough scale. XRF would do as well but the test costs more than an original in this grade.
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Pillar of the Community
Hong Kong
1270 Posts |
Is there a possibility the book quoted a wrong value? I had seen several specimens of this type whick weighed over the book value.
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Pillar of the Community
United States
1757 Posts |
I find OVERWEIGHT period forgeries like this to be very rare ... its XRF analysis would be interesting ... I have NO guess on its composition ... you make a good point Hong Kong ... it could be real as it appears to be of a silver alloy composition. Check some internet sales of this piece ... compare/report back the weights.
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Pillar of the Community
France
1591 Posts |
I have one of those, a year earlier, but no datas on it ... Which means I have to find it in my mess, it's not sorted yet :/ Not sure when I'll be able to come back, but I'll post the infos on mine here as well.
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Valued Member
 Croatia (Locally: Hrvatska)
92 Posts |
Here is scan of edge:  I paid for this coin 30$ with postage. What to do? Send coin back to seller or keep it? And sell later like contemporary counterfeit? Thanks
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Pillar of the Community
United States
5362 Posts |
That edge looks good.
It is of course possible that weights are incorrect but I have searched several sources now and find weights consistent with the lower version.
I dealing with post 1830 counterfeits weights tend to be greater than in the earlier colonial issues. They are not as common as underweight copies but they do occur in the Hard Times period issues.
Coronado's book lists mostly modern forgeries and few truly Contemporary coins.
I would still classify the coin as "suspect" and keep checking.
The first fact to check is the SG.
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Pillar of the Community
France
1591 Posts |
30 USD with postage is a nice price (well, an OK price). The edge looks good. I'm always mixing weights on those, it's a real mess (with the "de vellon" series, and different denominations ...)
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Pillar of the Community
United States
5362 Posts |
The De Vellon series rarely came to the states so I have never seen that many of them. But the ones I have handled fall into essentially correct weight ranges. The weight was 27.07 grams per 8 reales and I have always used a direct mathematical conversion by proportion.
I thought that it was not so much the silver standard as the conversion difficulty that kept these coins at home.
As you can see from the following chart no exact match occurs below the 4 reales so change would have been necessary in denominations that were not made.
8 Reales de plata Fuerte = 20 Reales de vellón 4 Reales de plata Fuerte = 10 Reales de vellón 2 Reales de plata Fuerte = 5 Reales de vellón (not made) 8/5 Reales de plata Fuerte = 4 Reales de vellón 1 Reale de plata Fuerte = 2.5 Reales de vellón (not made) 8/10 Reales de plata Fuerte = 2 Reales de vellón 1/2 Reale de plata Fuerte = 1.25 Reale de vellón (not made) 2/5 Reale de plata Fuerte = 1 Reales de vellón
I am intrigued about the idea that perhaps homeland coinage was debased without knowledge of the public. But if that were the case why are some of the coins made standard and the others OVERWEIGHT. That makes no sense to me.
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Valued Member
 Croatia (Locally: Hrvatska)
92 Posts |
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Pillar of the Community
United States
1962 Posts |
When Krause etc. post blatantly inaccurate information on the entire homeland Spain portrait Reales series, conversations like this that go off the deep end ensue... Would anyone question that coin just from LOOKING at it? "I am intrigued about the idea that perhaps homeland coinage was debased without knowledge of the public..." That's exactly what happened... Spain fiddled with the specs. of the homeland issues vs. the colonial pieces from as far back as 1686, and some semblance of consistency within that fiddling wasn't really established until late in the shield pistareen series (1750s or so). If you Google things like "Old Plate" vs. "New Plate" reales, the "quinto" or King's Fifth on the colonial issues, you'll locate some info about this. Long story short... the homeland 4R and 8R (REGULAR, not vellon) were kept at the old standard, while the 1/2R, 1R, and 2R were effectively debased/devalued by 20%. By the time the "head pistareens" (portrait reales) were introduced in Spain in 1772, they had basically settled into to a standard of just about 6 grams weight as struck with a fineness of .8125 or thereabouts... FIVE times that equaled the old 8 Reales aka Peso standard. The Napoleon vellon issues replicated this, but with the different value real... Thus, the Vellon 4R is the exact same coin as the preceding Charles IIII 2R. If you putter around Google Books and elsewhere online, there are some period resources which break down the assay of these and other world coins of the time. A quick example - the Eckfeldt DuBois book: http://books.google.com/books?id=8K...AAJ&pg=PA122
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Pillar of the Community
Australia
2830 Posts |
I am very interested in coins of this era, but I know that I am still a novice. I think it is important to keep in mind that this is a Napoleonic issue, rather than a Loyalist. Do we know if the Napoleonic mint was working to the same weights and standards as the previous regime ?
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Pillar of the Community
United States
5362 Posts |
I can understand under alloy coins to a limited degree and I understand weight ranges but what I don't understand here is a heavy coin?
These were always the first to hit melting pots following Greshams Law.
I have yet to see them in reality but I will check Eckfeldt's 1842 book thoroughly.
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Pillar of the Community
Hong Kong
1270 Posts |
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Pillar of the Community
United States
1962 Posts |
Bob, the point is that Krause's quote for these Napoleon vellon 4R as 5.4g of .903 fine silver, as far as I have ever seen, is not what these are in reality... They are in fact a heavier coin, whose as-struck weight was apparently close to the 6.0g observed weight for the regular early 1800s Spain portrait 2R. Therefore it is certain that they too were struck in a lower .800's fineness because that would yield the expected amount of silver content (1/5 of the "Duro" - 8 Reales de Plata or 20 Reales de Vellon).
I sort of suspect that they took they the standard "duro" weight, 27.07g at .903 fine, divided by 5, and printed the result. Don't forget, they also screw up the specs on the devalued regular Spain portrait 2R by stating that those are 6.77grams, the old plate standard (which the colonial pieces remained on). I think I've read that "officially", 6.77g of .903 was the still the quoted specification from the crown, as if they were an aging actress lying about their age when everyone knows otherwise... I presume this is what Krause is regurgitating.
Then again, my older 1800s Krause also never notes the difference between the older Ferd VII pieces and the 1834-early 1850s vellon-type issues of Isabella II, so if you didn't know better, you'd assume they should be the same type of coin...
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Pillar of the Community
United States
5362 Posts |
So if I am understanding you correctly the Spanish continental issues contained the correct amount of silver packaged in a heavier coin but that the equivalency in terms of actual silver content was maintained between Vellon and Plata Fuerte systems?
I have no reason to doubt what you say at all. Especially about Krause and shortcuts being taken. However, in this case, it seems to me that this just ends up requiring the Continental coins to use a different assay of silver than they received from the colonies.
They could not melt colonial silver coins and re-strike them as continental issues. They had to melt adjust and recoin.
The extra work and cost of adding extra copper then making the coins heavier to produce an end result containing the identical quantity of silver anyway seems to be wasteful and gains the crown absolutely nothing. In fact the crown spends extra money to make the same face value in coins.
Or am I somehow missing something in this transaction?
Or were the Vellon coins produced in a much lower assay allowing the crown to make a profit at the expense of the people?
I did some quick math. If we presume that the silver content in the 4RV was 1/5th the Duro (8RPF) that means that the 4RV contains 0.7859 oz Ag x 1/5 = .1572 oz Ag or 4.89 grams of pure silver or 4.89/6.0 = 814 fine silver.
But unless they altered the ratio or fineness someplace along the line - the 20RV would have to weigh 5 x 6.0g or 30 grams. Which it did not. The 20RV was equal to the 8RPF in weight at about 27 grams.
I also checked in with Eckfeld. Under Spain on page 122 are some very interesting figures, First they provide the average weight and fineness of coins assayed by the US mint in the years prior to 1842.
The Dollar coin of Spain was always within a couple cents of being correct. The most serious deviation was for the Spanish-American coins of Mexico during the revolution and that was only 5 cents per dollar coin.
So all dollars were roughly 900 fine and weighed 27 grams or there abouts. The dollar was 8 Reales Plata Fuerte or 20 Reales Vellon. The 4 Reales vellon was called the Pistereen or Peseta.
Specific averages by type are provided. The Spanish dollars tested at Philadelphia resulted in:
Charles III and IV 1772 to 1808 900 fine 412 grains Ferdinand VII 1808 to 1821 900 fine 414 grains Joseph Napoleon 1809-1813 900 fine 415 grains
No Spanish dollars tested after 1821 - non circulating in the US.
The Spanish American dollars ran a range of 897 to 903 fine and a weight of 413 grains average.
So for dollars there is no difference.
The Pistareen is different.
1707 to 1712 83.6 grains 11 dineros or 917 fine 1715 to 1771 92.3 grains 10 dineros or 833 fine 1772 on "head" 92.3 grains 9.75 dineros or 813 fine.
There are 480 grains per troy ounce so the head pistereen (4 reales of vellon) of Spain (not the Spanish American 2R) weighed .1923 troy ounces or 5.98 grams.
Problem solved by the Philadelphia mint in 1842. The 4 reales of vellon weighed 5.98 grams and used .813 fine silver. It was not equivalent to any Plata fuerte denomination.
After 2 hours of reading and checking math and getting really confused by terms I think I understand.
So given the revised weight standard the coins may be fine after all. They are about the right weight. If you can do SG they should test 10.15 not 10.3.
So I answered my own questions the 814 and 813 finess are actually a good mathematical cross check.
It was ONLY the pistereen which was debased significantly. They were initially accepted at 20 cents each but that dropped over time and by 1842 they were no longer in use in the US,
So the only question I have is WHY?
Edited by swamperbob 03/06/2013 10:50 pm
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Replies: 19 / Views: 4,702 |