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Newly Acquired Spanish Mexican 8R, A Variety? Need Comments

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Author Previous TopicReplies: 9 / Views: 1,410Next Topic  
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wonghinghi's Avatar
Hong Kong
1270 Posts
 Posted 03/12/2013  04:48 am Show Profile   Bookmark this topic Add wonghinghi to your friends list Get a Link to this Message Number of Subscribers
This coin is nice to me, I am sure it is made of silver, the weight (26.71 grams) and diameter (39.2-39.5mm) is correct. As some parts of the edge are worn, I can't be sure there is an edge overlap.

This coin is odd to me as there is not dot between REX and Mo as indicated by the red circle below. Can anyone tell me this is a variety, a contemporary counterfeit or a forgery? Thank you for your input.
Newly-Acquired-Spanish-Mexican-8R,-A-Variety?-Need-Comments
Newly-Acquired-Spanish-Mexican-8R,-A-Variety?-Need-Comments
Newly-Acquired-Spanish-Mexican-8R,-A-Variety?-Need-Comments
Newly-Acquired-Spanish-Mexican-8R,-A-Variety?-Need-Comments
Newly-Acquired-Spanish-Mexican-8R,-A-Variety?-Need-Comments
Newly-Acquired-Spanish-Mexican-8R,-A-Variety?-Need-Comments
Edited by wonghinghi
03/12/2013 04:50 am
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MathieuMa's Avatar
France
1591 Posts
 Posted 03/12/2013  05:32 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
Considering the edge, this one looks like a fame to me : the circles are squares, and are not regular.
Swamperbob, is that a Birmingam type ?
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jfransch's Avatar
United States
1801 Posts
 Posted 03/12/2013  11:32 am  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
I personally have serious concerns that coin is not genuine, the edge is off as well as other obvious features.
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Broken-Coin's Avatar
United States
1812 Posts
 Posted 03/12/2013  12:39 pm  Show Profile   Bookmark this reply Add Broken-Coin to your friends list Get a Link to this Reply
I have a 1806 8 Reals that had been holed and used for a necklace sometime in the past.

I removed my coin from long term storage last week when I came upon a thread here that mentioned they believed there were more fakes then genuine 8 Reals from this time period.

My coin differs from wonghinghi's coin as my coin does have the dot between REX and ME (not Mo) which I assume is the mint mark.

The next time I take photos for CCF I will post them here to find out if what I have is genuine or a contemporary counterfeit, and since I don't know much on World Coins other then what's in the Krause Catalog, should there be any pick-up-points to photo, please contact me at vernonpeterson [@@@@] gmail [dot] com in the next day or two.
Edited by Broken-Coin
03/12/2013 12:44 pm
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United States
1962 Posts
 Posted 03/13/2013  02:49 am  Show Profile   Bookmark this reply Add realeswatcher to your friends list Get a Link to this Reply
Well, I would think that's definitely authentic use/patina that the 1806 displays, as opposed to intentional tumble-wear/artificial toning.
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wonghinghi's Avatar
Hong Kong
1270 Posts
 Posted 03/14/2013  04:13 am  Show Profile   Bookmark this reply Add wonghinghi to your friends list Get a Link to this Reply
Thank you all of your input. I own over 20 Latin American portrait 8R but no one like this (without a dot between REX and Mo), I hope anyone owns a similar coin can post it here for a further discussion.
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wonghinghi's Avatar
Hong Kong
1270 Posts
 Posted 03/16/2013  03:37 am  Show Profile   Bookmark this reply Add wonghinghi to your friends list Get a Link to this Reply
I just do a S.G. of this coin today; it is 10.228 (corresponding to 86% Ag in my system). I am now confident to say this is a Class 2 counterfeit but the last question needed to be clarifed : where was this coin be minted? Would swamperbob leave a comment on this coin? Henry
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swamperbob's Avatar
United States
5362 Posts
 Posted 03/17/2013  10:14 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
The coin is a Class 2 silver Counterfeit - the edge variety is well known to me. The SG is great.

The coins were made to be used for payments made to Chinese merchants AFTER 1830. These are exactly the type that have been returning from China since silver prices rose.

They always test near 90% silver (over 80% usually) and typically have these bad edges like the squared circle type.

They are OLD (production ceased before 1935) some can not be distinguished from originals because the silver was mnined before 1870. Many were made in the US but England, the Netherlands and France all restruck the coin for trade use. It was a great way to make an extra 10-20 percent on raw silver.
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wonghinghi's Avatar
Hong Kong
1270 Posts
 Posted 03/18/2013  01:12 am  Show Profile   Bookmark this reply Add wonghinghi to your friends list Get a Link to this Reply
Thank you your reply, swamperbob.

Did the squared circle edge a sign of Class 2 restrike at that era? Was such an edge typical for any mint? Would your book show more about the examples of those Class 2 restrike.

I am wondered that why such "crude" design of the edge was still accepted by the Chinese merchants. By common sense, does this mean the old Chinese merchants only cared about the silver content rather than those 8R were restrike or not. On the other hand, there seemed to have no secret to do the restrike of the 8Rs, this restrike was an open business at that era? What care about by the West and the East was the content of silver!
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swamperbob's Avatar
United States
5362 Posts
 Posted 03/18/2013  01:49 am  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
The book will have quite a few edges and comments about typical counterfeit Class 2 and Class 1 edges.

You are correct that the silver content was the actual value and the restrikes were treated as if they were real as long as they passed the SG test done by the schroffs.
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