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1758 MO MM 8R - For Comments

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Pillar of the Community
swamperbob's Avatar
United States
5362 Posts
 Posted 05/21/2010  12:59 pm Show Profile   Bookmark this topic Add swamperbob to your friends list Get a Link to this Message Number of Subscribers
This coin is a silver 1758 Mo MM 8 Reale - it is high grade but scratched - harshly cleaned. The weight is 27.12 grams - the diameter is 38.5 mm. The coin is STRIKE DOUBLED extensively on both faces making the details look a bit odd.

These photos are about what you would see on a typical sale and the description is 100% accurate because I wrote it.



1758-MO-MM-8R---For-Comments



1758-MO-MM-8R---For-Comments

My question to everyone interested in Pillar Dollars is - Would you bid on it? and if so how much? Other comments are of course welcome.

I will check in later tonight to see if any interest exists.
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Archraz's Avatar
United States
3499 Posts
 Posted 05/21/2010  1:31 pm  Show Profile   Bookmark this reply Add Archraz to your friends list Get a Link to this Reply
swamperbob- Not a bad looking 8, but I would not bid on it. The lack of edge pictures, which would also indicate the thickness of the planchet, and the odd coloring would make me a bit suspicious. Though I must admit that I am more knowledgeable of the bust and resplendores type, there is just something that bothers me about the details of the dos mundos on the obverse and the weakness of the central parts of the shield on the reverse. So I would certainly pass.
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wwhitman's Avatar
United States
1415 Posts
 Posted 05/21/2010  2:28 pm  Show Profile   Bookmark this reply Add wwhitman to your friends list Get a Link to this Reply
I would bid on it.
essentially because you verified authenticity. I hesitate to buy them anywhere for lack of knowledge on my part.
Is this yours? and do you plan to auction off here?
Valued Member
Pandesalapi's Avatar
Philippines
386 Posts
 Posted 05/21/2010  5:11 pm  Show Profile   Bookmark this reply Add Pandesalapi to your friends list Get a Link to this Reply

Quote:
Would you bid on it?

Though I haven't seen its edge, there are red flags in this specimen.

1.00 Blotches on its color at the field of the reverse.
2.00 weight of 27.16 grams vs the full weight of an original 27.06 grams. for me even a fraction of 1/10 of a gram overwheight is a complete no, no, no ...
3.00 the three Fleur de lis design at the center is odd looking
4.00 the center line of the reverse from the bottom going to the top of the cross is off-centered

Any of the above mentioned 4 red flags, once present on a dos mundos,
I don't bid on it. And in this specimen, all the 4 redflags are present so I definitely will not bid on it.

My mind will again be addled / confused / boggled - if and when a maestro (in Swamperbob's person) would say this specimen is authentic... because it means that all my little knowledge on these pillar dollars will be put into waste.
I can't wait for your followup comments on this 1758 pillar dollar Swamperbob
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jfransch's Avatar
United States
1801 Posts
 Posted 05/21/2010  10:09 pm  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
I would pass on this coin regardless of price or who offered it for sale. I don't like the "look" of the coin, I don't like the look of the globes and I think it is probably a fake because the fonts look all wrong on the lettering in the legends most noticeably the "Q" and "E" letters. I don't like the look of the mintmark or the strike of the coin, if it is real it is a really poor strike for a year in which strike as a general rule is very strong. I would pass so fast on this coin I wouldn't even bother to check the edge for authenticity. Just not an "eye appeal" coin. No disrespect meant Rayhaldo, but I just don't like the coin. I have purchased "no eye appeal" coins in the past and been unhappy with them until I finally sold them, often at a loss.
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swamperbob's Avatar
United States
5362 Posts
 Posted 05/21/2010  11:07 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
The description as given was accurate - BUT rather misleading. It is typical of what you see on ebay from dealers who are not particularly honest. The coin is a modern Chinese counterfeit - most probably a CAST copy.

The coin is actually Silver as I stated. But I didn't say it was 90% silver or anything else. The Specific Gravity of this coin is 10.13 or roughly 78-80% silver. But original 8Rs were made with 90% fine silver which has an SG of 10.3. So silver is accurate but incorrect. It may have been cast from nominal 0.800 fine silver coins - like those made in Canada.

I also said
Quote:
The coin is STRIKE DOUBLED extensively on both faces making the details look a bit odd.


From that you could infer it was a struck coin - it is Strike Doubled but it may be that the mold that was in fact strike doubled.

The molds or dies used to make this coin are simple transfer forgeries with some degree of retooling of the molds/dies. The high points on the finished coin were abraded to simulate wear and the color is definitely artificial aging. Some people commented about the color - that is a correct impression. The color here is WRONG. It is possible to have a real 8R with this color (if it was in a corrosive environment) but would you really want to own one?

The fact that the coin is overweight IS EXTREMELY CRITICAL - as was pointed out by one member. Overweight 8Rs are always suspect. However, they are not all forgeries. A small percentage of real 8Rs were overweight when made, but from period sources it appears that most of the overweight coins that went into circulation were in fact melted.

In this case, the forger actually filed the edges all the way around on both sides. This could be due to two different reasons - (1) It may have been done to lower the weight or (2) it may have been done to conceal evidence of casting. At some points this final filing removes some of the "artificial aging". Bright silver appears on the full perimeter of both faces.

Because the entire perimeter has been filed - there is no evidence at all for strike versus edging priority. In fact, given the minimal number of flow features - I do believe this could be an injection molded coin and the apparent Strike Doubling coould be the result of multiple impacts used to make the mold.

But in any event, it is a clearly modern forgery of a type that unfortunately fools many unsuspecting buyers all the time.

Here are a few photographic blow ups of the details. I took a series of 58 photos to document all parts of it. I do not own this particular coin, but I do own dozens like it. Some are easier to spot as forgeries others are far more deceptive.

Here is a picture of a typical section of the edge. If you will notice - the Lotus sections are of different lengths and also different shapes. This is critical because the edge dies were made using punches that were standardized. The punch molds were imported from Spain and were made with exceptionally accurate tolerances to discourage counterfeiting.

1758-MO-MM-8R---For-Comments

This next edge view shows the closest thing I could find to an overlap in the edge design. There is one VERY short segment. But on the opposite side the edge is "normal" with nothing similar. Also note the degraded design of the lotus flowers. For the record on this edge the lotus flowers all face the SAME direction.

1758-MO-MM-8R---For-Comments

This is a detail showing the crown on the Right Pillar. The details are POOR and they are typical of most of the fine details on the coin. The fields show some unevenness and the high points were filed to clean off the artificial toning and "improve" the appearance. This is a technique often seen on "dug" coins and there may be an overt attempt to make the forgery look "dug".

1758-MO-MM-8R---For-Comments

Someone also commented on the Fleur-de-lis. This is a blow up of the lowest of the 3 - I believe it was recut. It is definitely not symmetrical.

1758-MO-MM-8R---For-Comments

Here is the letter G - showing the "Strike Double" effect. But do you see any real "flow lines"? The lines on the dentils could be transferred in the process of mold creation and represent the "best" example of flow lines I could find on the coin.

1758-MO-MM-8R---For-Comments

This is an example of the edge filing at the 8 in the date. This filing goes all around the coin and the direction of the filing scratches is remarkably parallel - as if someone held the coin against a spinning abrasive wheel and rotated the coin slowly. This is the exact finishing technique used by Chinese forgers to remove edge seams. The bright silver file marks extend onto the numeral and they REMOVE the artificial toning. I have a few other edge shots showing the same thing but they are essentially redundant.

1758-MO-MM-8R---For-Comments

So the winners are the members who would not bid. Remember if you are unsure about any fact always ask the seller BEFORE you bid. The only DUMB question is the one you do not ask.

Pillar of the Community
Archraz's Avatar
United States
3499 Posts
 Posted 05/21/2010  11:35 pm  Show Profile   Bookmark this reply Add Archraz to your friends list Get a Link to this Reply
Thanks a bunch, swamperbob! Great info!
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jfransch's Avatar
United States
1801 Posts
 Posted 05/22/2010  01:09 am  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
Thank you Swamperbob. Great lesson for all of us.
Valued Member
Pandesalapi's Avatar
Philippines
386 Posts
 Posted 05/22/2010  5:10 pm  Show Profile   Bookmark this reply Add Pandesalapi to your friends list Get a Link to this Reply
Another milestone of a learning experience for us on pillar dollars and Many Thanks Swamperbob.

Valued Member
Rayhaldo's Avatar
United States
74 Posts
 Posted 05/29/2010  6:35 pm  Show Profile   Bookmark this reply Add Rayhaldo to your friends list Get a Link to this Reply
jfransch - no disrespect taken.

This was my first purchase of a Pillar 8 Reale from ebay from a seller that no one should do business with- big mistake. I have seen another Pillar 8 Reale from this seller on ebay with a different date but the rest of the coin is almost identical.

I have just started to skim the surface on learning about 8 Reales and am only buying from sellers/dealers with a proven reputation.

The seller has agreed to have the coin sent back and refund me the full purchase price plus shipping. I have already sent the coin back.
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