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Peru 1849 8 Reales

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Author Previous TopicReplies: 4 / Views: 1,601Next Topic  
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Tleilaxan's Avatar
United States
2 Posts
 Posted 04/29/2015  7:55 pm Show Profile   Bookmark this topic Add Tleilaxan to your friends list Get a Link to this Message Number of Subscribers
I recently came across a Peru 1849 8 Reales and I am having a hard time assessing the correct value of the coin. I know that the Krause Catalog is a good source of information, but it's values are often time off when it comes to scarcer coins. Does anyone have an idea of the value of this coin? I would also be interested in seeing the 1849/8/7 variety to see if mine is that overdate.

Peru-1849-8-Reales

Peru-1849-8-Reales
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GERMANICVS's Avatar
Germany
1849 Posts
 Posted 04/30/2015  01:24 am  Show Profile   Bookmark this reply Add GERMANICVS to your friends list Get a Link to this Reply
You have a scarce and beautiful coin there.
I have only found two on-line auction records for this coin, here:

http://www.acsearch.info/search.htm...r=3&company=

Your coin is better preserved and appears nicely toned. I would value it higher than the one referenced.

A nice coin from Peru.
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Tleilaxan's Avatar
United States
2 Posts
 Posted 04/30/2015  01:45 am  Show Profile   Bookmark this reply Add Tleilaxan to your friends list Get a Link to this Reply
Thanks a bunch for finding those auctions! I was not aware of that search engine for coin auctions, but I'll be sure to check there next time I'm looking for auction records. Would I benefit from sending this off to be graded or should I just leave it raw?
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GERMANICVS's Avatar
Germany
1849 Posts
 Posted 04/30/2015  03:51 am  Show Profile   Bookmark this reply Add GERMANICVS to your friends list Get a Link to this Reply
It look very nice as it is, personally I would probably leave it as such If I intended to keep it
However, I understand (and accept) that encapsulation increases liquidity
if in the future you decide to part with it.
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MathieuMa's Avatar
France
1591 Posts
 Posted 05/02/2015  05:50 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
You'll miss the edge if you encapsulate it .
It's a personal preference, except for very high grade coins I don't see the point (for some in increase value though - or is better to sort).
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