Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
300,000 items to help build your collection! Specializing in Modern Numismatics Coin, Banknote and Medal Collectors's Online Mall Vancouvers #1 Coin and Paper Money Dealer Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Join Thousands of Coin, Bullion, & Money Collectors Shop for APMEX Bullion on eBay!








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

1749 Mexico City Pillar 8 Reales (PCGS Vs. You)

To participate in the forum you must log in or register.
Author Previous TopicReplies: 10 / Views: 1,887Next Topic  
Pillar of the Community
Adam590's Avatar
United States
751 Posts
 Posted 06/28/2021  04:04 am Show Profile   Bookmark this topic Add Adam590 to your friends list Get a Link to this Message Number of Subscribers
It is difficult to believe that these old "silver dollars" were once legal tender in USA until 1857, and were kind of the original silver dollar in USA. The scroll around the pole (on the Spanish coat of arms) really resembles the dollar sign! I wanted to get a straight grading specimen that didn't cost thousands of dollars. I would not mind upgrading eventually, but I am curious what you guys think of this coin. I have seen a really big variety of details present in all grades on these (in both NGC and PCGS).




1749-Mexico-City-Pillar-8-Reales-PCGS-Vs.-You
1749-Mexico-City-Pillar-8-Reales-PCGS-Vs.-You
Pillar of the Community
Australia
599 Posts
 Posted 06/28/2021  05:17 am  Show Profile   Bookmark this reply Add echidna to your friends list Get a Link to this Reply
The holder has obscured the outside of the rims which makes it a bit harder to grade.
But my guess is 55.
Watch your top knot
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 06/28/2021  06:28 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Picture out of focus and under plastic, unfortunately.
This means you will only get guesstimates of the grade.

The TPGrader had the advantage of examining this coin, hand held, under 10X magnification, in ideal lighting conditions.
We don't.

Some may prefer Sheldon, but this system was only really intended for the grading of U.S. coins. I am not surprised that you have seen a big variety of details present in all grades of Pillar Dollars.
That is one of the reasons why (I think) Sheldon grading system is not suited to grading this coin

Weaker strike and wear on the pillars, globes and crown.
Wear on both sides consistent with
Nearly VF - no details (British grading).

Pleasing coin to have in most collections.
Pillar of the Community
Adam590's Avatar
United States
751 Posts
 Posted 06/30/2021  02:03 am  Show Profile   Bookmark this reply Add Adam590 to your friends list Get a Link to this Reply
Thanks for your opinions! This coin is really hard to photograph through this slab. I would upgrade it for a straight grading AU example if it becomes feasible in the future, but for now this one is ok for me!


1749-Mexico-City-Pillar-8-Reales-PCGS-Vs.-You
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 07/01/2021  03:20 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
It would seem that (at least for this coin),
nVF (British grading), and XF-40 (Sheldon), maybe near equivalent.
Bedrock of the Community
IndianGoldEagle's Avatar
United States
36741 Posts
 Posted 07/01/2021  1:15 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Nice coin that looks properly graded.
Pillar of the Community
Adam590's Avatar
United States
751 Posts
 Posted 07/02/2021  02:32 am  Show Profile   Bookmark this reply Add Adam590 to your friends list Get a Link to this Reply
Thanks so much for your feedback! Until I get the chance to (affordably) upgrade to an AU one, this pillar dollar will represent its type proudly in my collection!
Bedrock of the Community
IndianGoldEagle's Avatar
United States
36741 Posts
 Posted 07/02/2021  10:57 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
No shame in having this one, it's a beauty.
Pillar of the Community
Princetane's Avatar
4628 Posts
 Posted 07/06/2021  2:30 pm  Show Profile   Bookmark this reply Add Princetane to your friends list Get a Link to this Reply
There is a full grade differential between UK and USA, but I agree with sel_69, nVF or even high Fine as the world is nearly flat and details are muddy.

I think XF40 is too high as well - I think American wise VF25 - 30 seems more apt.
Still a nice and old coin though.
Bedrock of the Community
IndianGoldEagle's Avatar
United States
36741 Posts
 Posted 07/10/2021  10:08 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
In U.S. standards what is also looked at is the quality of the strike. Many times softly struck areas are taken as wear but are actually not fully struck. I'm sure the TPG saw the boldness of the rim and obverse letter/date, and quality of the surface which still has some original luster.
Pillar of the Community
United States
1962 Posts
 Posted 07/10/2021  10:45 pm  Show Profile   Bookmark this reply Add realeswatcher to your friends list Get a Link to this Reply
The coin suffers from a weak strike (esp. lion/castle side), a good amount of die rust (VERY common on the late 1740s-early 1750s Mo pieces), and is perhaps more "crusty" than some would prefer...

And also, I think the "blur" visible on the shield side is not the photo so much as a bit of doubling.

All that said, XF (or close) is probably a reasonable technical grade for wear.

Not a terrible coin at all.
  Previous TopicReplies: 10 / Views: 1,887Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.32 seconds to rattle this change. Forums