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 Replies: 8 / Views: 3,166 |
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Valued Member
United States
136 Posts |
These coins seem to be pretty rare, and I have no idea what they are worth. What would you guys value them at First a 1779 4 Reales from peru lima mint   and one from mexico 1804 TH   |
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Pillar of the Community
Canada
5417 Posts |
Those are some nasty holes, would probably degrade the coins' value to 30% of list.
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Pillar of the Community
United States
3343 Posts |
Silver melt. Without the holes $25 to $35 range, but these two belong in the bullion bucket.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Valued Member
 United States
136 Posts |
These are really tough to come across try find one for sale especially the Peruvian 4R.
According to krause the Peru 4R lists as $70 in VG8
The Mexican is $44 in VG8
But I am intrigued because it seems that the 4 Reales are much much harder to find, wanna buy some 8R no problem.
Bullion bucket ? Naaah...
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Pillar of the Community
United States
3343 Posts |
I picked up 2 colonial 4R's at Berk's for $35 each 2 months ago out of the assorted junk silver tray, in much higher grade and with no holes. I passed on 2 others because they were lightweight. From looking at ebay people are asking more than this even for holed 4R's, so maybe I got a deal. They're harder to find than the 8Rs, that's for sure. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
United States
685 Posts |
Officially or unofficially, a lot of 8Rs were produced, these were trade coins. Close to 10 8Rs for every 4Rs. Across the board, half crowns are more difficult than crowns.
When was the last time an UNC 4Rs was up for sale?
In my limited experience, the scarcity of Spanish colonial silver is as follows (from most scarce to least): 4Rs 1R 2Rs 1/2R 8Rs.
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Valued Member
United States
136 Posts |
Exactly :)
Thq you sure got a good deal .
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Valued Member
Germany
194 Posts |
Rarity not always transfers into prices.
"Hard to come by" is not the same as "paid a lot for".
With regard to the holes: Imagine a coin you come by about once a year, and it usually is not holed. Would you then want to buy the one with hole? Me neither...
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Valued Member
United States
136 Posts |
I wont argue that condition is key. If I had the choice of 2 identical coins both in lower grades, one holed and the other not, I would actually consider buying the holed coin if I get a good deal on it just as a filler maybe, but that is always individual preference.
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Replies: 8 / Views: 3,166 |
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Posted 06/08/2014 5:30 pm
