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1849-1850 Costa Rica Real

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Lithanial's Avatar
Canada
451 Posts
 Posted 01/05/2014  8:56 pm Show Profile   Bookmark this topic Add Lithanial to your friends list Get a Link to this Message Number of Subscribers
Hi,

I am interested in getting one of the 1849-1850 Costa Rica Reals; however, I do not know a lot about them. I recently took a trip to Costa Rica and would like to get a nice big silver coin.

I have seen the 1849-1850 coins on ebay, but I am uncertain on how much to pay and how to tell if it is a fake. Does anyone know a legitimate place to get one of these and a reasonable price to pay for a VG-F?

Also, are there mintage numbers for these?
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 01/05/2014  9:03 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
For an F-12 specimen you should be paying around $15.
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United States
1666 Posts
 Posted 01/06/2014  03:58 am  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
The 1848-1849 silver coins are all small, none of them bigger than about the size of a quarter. Same goes for the 1850 silver. If you want a nice big one, go for the Central American Republic 8 reales that came before these coins. You can get a common date in decent shape for under $200.
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United States
1962 Posts
 Posted 01/06/2014  5:25 pm  Show Profile   Bookmark this reply Add realeswatcher to your friends list Get a Link to this Reply

Quote:
For an F-12 specimen (of an 1849-50 1R) you should be paying around $15.

Not for at least a few years... For the 1849, even though it's rather common, average circs (which are somewhere in the VG to F+ range) bring around $35-40 now. The 1850 is tougher - expect to pay somewhat more. Costa Rica has become very popular in general.

Lithianial, you specifically mention the 1849-50 type, so I would suppose you like the "Coffee Madonna" design (note that the 1847 1R also has essentially the same design). As alluded to, that design was only used on a 1 Real - nothing bigger (1R was, in theory, 1/8 of a "peso" aka 8 Reales... though this 1R had been somewhat debased from that original standard). Note that the Central American Republic sunburst 8R mentioned is also a popular style (probably even more so)...
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684 Posts
 Posted 01/06/2014  11:59 pm  Show Profile   Bookmark this reply Add Westwood Arms to your friends list Get a Link to this Reply
Interesting, was asked about Costa Rica numismatics a while ago and replied it was nada. CR was a favorite place of mine to hang, but I dismissed the coinage because of the limited national collecting base.

realeswatcher, would you provide any insight as to the reason for increased demand/price?
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United States
1962 Posts
 Posted 01/07/2014  1:40 pm  Show Profile   Bookmark this reply Add realeswatcher to your friends list Get a Link to this Reply
Insight? Not sure exactly why... but a similar effect has occurred with Chile, Ecuador, Venezuela, Colombia... I think it goes along with seemingly more collectors in general venturing into specialty areas of the post-Spanish Colonial coinage. Perhaps an even more important factor could be increased disposable income as those nations' economies develop (though Venezuela? maybe the friends of the regime...). That same effect, of course, has driven Chinese and Russian pieces over the last decade... and look how Chinese interest has pushed Spanish Colonial/Mex Cap & Rays...

Speaking specifically of Costa Rica... I would be tempted to also consider all those No. Amer. expats who maybe now show an interest in their adopted country - they often fall squarely into the coin collecting/disposable income demographic.

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Lithanial's Avatar
Canada
451 Posts
 Posted 01/07/2014  5:55 pm  Show Profile   Bookmark this reply Add Lithanial to your friends list Get a Link to this Reply
Thanks,

I might keep an eye on the 8 real version as well.
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