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"1832 Do 8 Reales"

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Lucky Cuss's Avatar
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 Posted 06/20/2015  11:33 pm Show Profile   Bookmark this topic Add Lucky Cuss to your friends list Get a Link to this Message Number of Subscribers
For those of you who've never seen this, here's a pretty good webpage on the "Cap & Rays" 8 reales - a worthwhile primer on the genre even if nowhere near so comprehensive as Resplandores.

See: http://exonumismatics.com/mex/Cap-a...ys.html#fake

Aside from general information, there's a gallery of contemporary counterfeits there, and I've taken the liberty of reproducing here in a larger size the image of the one among those that most interests me. It's supposedly a Riddell No. 365, which in his monograph he described as having been rendered in a "perfect, or nearly so" manner. My recollection is that during this period Durango was somewhat notorious for lax security with respect to dies, and I suspect this specimen is representative of the result of that. Altough Riddell describes his example as made from a flan debased to 31% purity, this specimen is apparently plated base metal, so in that regard it seems more akin to No. 366, the difference being that like No. 365 it looks to be a dead ringer for the genuine article as struck with the "European" style dies then in use at this particular mint, so early on it ought to have been able to be passed into circulation without difficulty.

Colligo ergo sum
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swamperbob's Avatar
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 Posted 06/20/2015  11:45 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
It was not Durango where dies were sold for scrap un-defaced that honor belongs to Guanajauto.

The dies used at Durango were hubbed using french hubs. The story goes that the first hubs were delivered under the presumption that more hubs would be ordered annually. Whether the proper payment was ever made or not is uncertain. What is certain is that the hubs were used for about 10 years until they were worn out. This meant that the firm that made the dies originally got no more money. But the die making tools remained with the original firm. The suspicion is that the identical die making tools were then used to make MORE hubs that were sold to counterfeiters to recoup some of the lost investment. The result was a flood of forgeries coming into the US via New Orleans that were as good as mint made dies. They almost were identical.

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