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1809 Lima Peru 2 Reales - Value Please

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New Member

United States
12 Posts
 Posted 09/21/2013  11:47 pm Show Profile   Bookmark this topic Add 1bustcollector to your friends list Get a Link to this Message Number of Subscribers
What is an 1809 Lima Peru 2 Reales valued? I have a really nice choice toned VF-35 PCGS. Where should I look up price guides?

How scarce are these ?
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MathieuMa's Avatar
France
1591 Posts
 Posted 09/22/2013  02:09 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
That one has the specific Indian head for Ferdinand VII, as the matrices for the new portraits were not there yet for the new king.
What I don't understand is why they did that, unlike what was done for Felipe IV (which started with Felipe III portrait's)

Essayer JP, Calico list that one at 200 euros. I'm missing that one for now, so I don't know the regular price for it :)
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jfransch's Avatar
United States
1801 Posts
 Posted 09/22/2013  7:57 pm  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
Hello Bustcollector,
Welcome to the forum. Your 1809 Lima 2 reales is a very rare coin. There are 2 different varieties, could you please post pictures of your coin so we can view it?
MathieuMa, I think you meant Carlos III and Carlos IV, not Felipe. They just kept using the old portrait until the new image arrived from Spain. It made for some interesting coins, just as the imaginary heads for Ferdinand make for some special varieties.
New Member
United States
12 Posts
 Posted 09/23/2013  01:32 am  Show Profile   Bookmark this reply Add 1bustcollector to your friends list Get a Link to this Reply
Thanks for the reply jfransch,

I'll post pics tomorrow morning sometime.
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MathieuMa's Avatar
France
1591 Posts
 Posted 09/23/2013  04:18 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
Oops, correct jfransch :D That was a gross mistake :)
Indeed, they were waiting for the new portrait. But why did they invent one in Lima ? (While Guatelama used the previous one for example)
Ferdinand VII is very interesting to collect - portrait wise - there are so much variations (most are due to temporary mint during the war for independence)
New Member
United States
12 Posts
 Posted 09/23/2013  12:33 pm  Show Profile   Bookmark this reply Add 1bustcollector to your friends list Get a Link to this Reply
I've attached the pictures of the 2 Real Lima Peru. Let me know your thoughts. Coin is nicer in hand....

1809-Lima-Peru-2-Reales---Value-Please

1809-Lima-Peru-2-Reales---Value-Please
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MathieuMa's Avatar
France
1591 Posts
 Posted 09/23/2013  3:15 pm  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
Wow, your coin is in a superb condition !
Those small denomination are scarce, I've actually seen way less of those than of the 8 reales counterpart.

Here is the big one for comparison :
1809-Lima-Peru-2-Reales---Value-Please
1809-Lima-Peru-2-Reales---Value-Please
1809-Lima-Peru-2-Reales---Value-Please
New Member
United States
12 Posts
 Posted 09/23/2013  4:53 pm  Show Profile   Bookmark this reply Add 1bustcollector to your friends list Get a Link to this Reply
Thanks for the kind words MathieuMa,
I try to choose nice examples.
Your 8 Real is actually very nice also. Higher grade with a good look. I love the edge reeding....
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MathieuMa's Avatar
France
1591 Posts
 Posted 09/24/2013  04:00 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
It was part of the Huntington collection :)
One thing though ... I really hate slabs : I like holding my coins, checking them out closely, and most importantly - check their edge ! :)

Your pick is very desirable, with a superb patina :)
Regarding the price of your coin, don't you know how much it was sold for ? I tried to lookup prices in recent auctions, but that denomination / date is not much seen ...
I actually have no clue of a proper price... anyone else ?
New Member
United States
12 Posts
 Posted 09/24/2013  5:58 pm  Show Profile   Bookmark this reply Add 1bustcollector to your friends list Get a Link to this Reply
I purchased off ebay many years ago. I liked Peru 2 Reales so I bought it.

Krause (Spain, Portugal and The New World catalogue) has no price guide, only a dashed line with "Rare" comments. In fact, only 2 dates are listed this way for the entire series!

I suppose this is RARE, especially so nice!
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jfransch's Avatar
United States
1801 Posts
 Posted 09/24/2013  10:34 pm  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
Bustcollector
Contact Mike Dunigan, Mexican coin dealer out of Fort Worth, Texas, he is a specialist in the 2 reales series. If you send me a private message I can give you his email address.
I would like to see a picture of the slab so I can look it up in the PCGS database. Is it possible you could send a picture or the PCGS number to me?
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United States
12 Posts
 Posted 09/25/2013  12:56 am  Show Profile   Bookmark this reply Add 1bustcollector to your friends list Get a Link to this Reply
I can, but I don't know how to do a pm? Also, I am very new to the forum, do I have ability to do so?



New Member
United States
12 Posts
 Posted 09/25/2013  01:14 am  Show Profile   Bookmark this reply Add 1bustcollector to your friends list Get a Link to this Reply
The PCGS cert number is 13438558.
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MathieuMa's Avatar
France
1591 Posts
 Posted 09/25/2013  03:54 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
1bustcollector : Krause is way outdated when it comes to anything not American or modern IMHO.
It's a nice way to catalog coins (if you omit mistakes - but every catalog have their mistake anyway ...) - but not for prices.

The price I gave you is more recent - from the main/most accurate spanish catalog for this period, but still don't reflect the market (particularly for scarcer issues) ...
Edited by MathieuMa
09/25/2013 03:54 am
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austrokiwi's Avatar
2087 Posts
 Posted 09/25/2013  04:43 am  Show Profile   Bookmark this reply Add austrokiwi to your friends list Get a Link to this Reply
I would add for non US coins use this archive to assess market price( particular for old European coins):

http://www.mcsearch.info/

Edit: Using the archive I found this.....but if you repeat the search you will find other auction records( I only clicked on the first example I saw) giving you a much better idea of the price range:

http://www.mcsearch.info/search.htm...=&c=&a=&l=#1



Edited by austrokiwi
09/25/2013 04:50 am
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MathieuMa's Avatar
France
1591 Posts
 Posted 09/25/2013  07:09 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
austrokiwi : that's what I checked as well, but the prices are not representative ...
For this type, you go from 100 USD to 1000 USD (with a so-so grade to an uncirculated one). This coin being in-between :)
It's hard to give a price with only two similar coins, sold in different periods.
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