What is this coin? All I know about it 100% is the date. Is it real? It is in a 2x2 sized for a Canadian quarter. It appears to be silver. Numbers and letters in the legend mean what? Thanks in advance, B
The legend reads: 1 R (1 Real) * G (Guanajuato mint) * date * M*J (assayer's initials) * 10 Ds (dineros) 20 Gs (granos) The last two bits are the purity of the piece 90.27 fine silver
Catalog prices for these pretty far out of date so I wouldn't put much faith in those. Check ebay for completed sales prices. A combination of assayer and mint is going to give you some notion of how much this coin might go for. One of the sellers that I like is cincopicos. Their store usually has an array of 1/2, 1, 2, 4, and 8 reales for sale. My guess is that this coin would go for $20-30, possibly more.
Good luck and send me a pm when you list it. I would be very interested in bidding on it.
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