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1767 Mexican 8 Reales

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wwhitman's Avatar
United States
1415 Posts
 Posted 05/22/2010  08:29 am Show Profile   Bookmark this topic Add wwhitman to your friends list Get a Link to this Message Number of Subscribers
Gee, SwamperBob got me all kinds of worried. Can someone check this out to give me an indication of authenticity? With the number of fakes, should I send this off to TPG?

1767-Mexican-8-Reales

1767-Mexican-8-Reales

1767-Mexican-8-Reales

1767-Mexican-8-Reales
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jfransch's Avatar
United States
1801 Posts
 Posted 05/22/2010  3:56 pm  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
What is the weight? The coin "looks good" at first glance but I am concerned about the mushy look on some of the details. The shape of the features on the globes are correct but the globe is so softly struck that it worries me, especailly when the pillars have mushy acanthus and abacus but very sharp "plus vtra" features. Can you post a sharp closeup of the reverse (date side) from 4:00 to 6:00 where it looks like something cut through the design along the face of the coin? I am curious about that spot.
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swamperbob's Avatar
United States
5362 Posts
 Posted 05/22/2010  10:07 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
The coin does "look" good. But looks alone can be deceiving.

I would also like to know the cause of the feature pointed out by jfransch. It could be a retained spur that was originally attached to the blank (caused by a worn cookie cutter). Sometimes these spurs (or fins) get rolled back onto the surface of the blank by the edging mill - most are removed intentionally or get broken off because they contribute to an overweight coin. However, I do own a few coins where a fin was clearly struck over by either the edge or face dies or both. When that happens the edge looks very similar to what I see here.

The weight and specific gravity would be very help. Also if possible the origin of the coin and approximate date of purchase are details that sometimes assist in a diagnosis.

Finally does the edge design reverse half way around or do the lotus flowers all face the same direction?

I would NOT start worrying yet.

And I would definitely NOT send it to a TPG - the poor coin never again see the light of day
Valued Member
Pandesalapi's Avatar
Philippines
386 Posts
 Posted 05/22/2010  11:53 pm  Show Profile   Bookmark this reply Add Pandesalapi to your friends list Get a Link to this Reply
the above pillar dollar look good and nice.
The smaller distance between the date and the waves are common for 1767 mexico mint...same as my 1767 piece bafore.
3 fleur-de-lis at the center of the obverse are symmentrical.
Edge is normal...
For me the remaining factor to check is its weight, if its within range then you must be a proud owner this nice pillar.

Quote:
And I would definitely NOT send it to a TPG - the poor coin never again see the light of day

A great line of thinking, that's why I seldom have my coins go to slabbing process...
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wwhitman's Avatar
United States
1415 Posts
 Posted 05/23/2010  06:31 am  Show Profile   Bookmark this reply Add wwhitman to your friends list Get a Link to this Reply
Here is the detail on the date region.
The weight is spot on and the lotus flowers point the same way.
I picked this coin up about 25 years or so ago in Atlantic City show.


1767-Mexican-8-Reales
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swamperbob's Avatar
United States
5362 Posts
 Posted 05/23/2010  08:24 am  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
The only thing missing is SG, but based on the picture of the suspect area, I see no problem calling that a struck in fin. The coin does look real and if you have owned it 30 years - it is not one of the Modern Chinese copies in silver - they WERE NOT BEING MADE 30 years ago.

I breathe a sigh of relief.

I do have a question. Did you store this coin long term in a vinyl flip? The green coloration on the high spots looks like the waxy almost wet corrosion that older vinyl flips cause. If so soak the coin in acetone and then oil it and store it in a non PVC holder.
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wwhitman's Avatar
United States
1415 Posts
 Posted 05/23/2010  11:24 am  Show Profile   Bookmark this reply Add wwhitman to your friends list Get a Link to this Reply
Thanks for the info SwamperBob
I can now breath
If you don't mind me asking. How long should I soak the puppy and what do you mean 'oil it'?
Thanks in advance for your time and experence
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swamperbob's Avatar
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5362 Posts
 Posted 05/23/2010  12:53 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
I presume from your answer that the "green" is vinyl reaction products - not verdigris.

The acetone soak should be a few minutes on each side - enough to dissolve the green - it should go into solution quickly by simply swirling the glass. Do NOT put acetone in plastic or Styrofoam or you will be sorry. Acetone eats plastics of many types. Do not use nail polish remover with oils or scent. I buy pure acetone at the pharmacy - it is cheap. Use a glass container and cover the coin with acetone. You can swirl the liquid around in the glass. Remember acetone boils below body temperature and the fumes are very flammable. Good ventilation is a must.

Once done on both sides and all the green is GONE (you can soak the coin in acetone safely - The acetone will also remove many fake patinas as well) bathe the coin in warm water and mild soap. No rubbing. Dry the coin by patting it with a soft cotton cloth (old cloth diapers that have been washed many times are great). Then let it dry completely in the air - remember to turn it over.

Oil the coin with coin oil available from your local coin shop to keep the air away from the bare metal surface. Follow directions but keep the film VERY thin. DO NOT apply with paper towels they can scratch.

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wwhitman's Avatar
United States
1415 Posts
 Posted 05/23/2010  3:26 pm  Show Profile   Bookmark this reply Add wwhitman to your friends list Get a Link to this Reply
SwamperBob,
Thanks for the information. Here it is after the acetone swim. I will have to pick up some 'coin oil' the next time I am at a shop.
1767-Mexican-8-Reales

1767-Mexican-8-Reales
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swamperbob's Avatar
United States
5362 Posts
 Posted 05/23/2010  7:25 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
Good the green came right off. It can actually harm the coin to leave it in place - the way I understand it a chemical reaction takes place between the plastic and the copper in the coin to make the oily green slime.

I guess it removes just a bit of the surface.
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Archraz's Avatar
United States
3499 Posts
 Posted 05/23/2010  7:57 pm  Show Profile   Bookmark this reply Add Archraz to your friends list Get a Link to this Reply
swamperbob- Was it fairly common for these spurs/ fins to become rolled back onto the surface of the blank by the edging process? I am just curious since this seems to be evident on my 1769M on the obverse from 1-2 o'clock position. Also, I am 99.9% sure that my 8 is real.

1767-Mexican-8-Reales
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swamperbob's Avatar
United States
5362 Posts
 Posted 05/23/2010  8:09 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
I have seen quite a few with the same defect - it is nothing that would add value to the coin as long as it stays within the dentils. That is where it occurs on all of the copies I have seen. It happened as a result of a worn cutter. So if the fins got too big the weight would have been effected and the fin would have been clipped off.

But if a larger one, a really big one made it by the weight check I presume it would be more valuable especially if it extended through the legend or date. How much who knows?

I don't think there are too many error specialists in this particular series.

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Archraz's Avatar
United States
3499 Posts
 Posted 05/23/2010  8:22 pm  Show Profile   Bookmark this reply Add Archraz to your friends list Get a Link to this Reply
swamperbob- Thanks for the info! I really didn't think that any small error like this would add value to my coin. Rather, I just wanted to be sure that it did not detract from the grade or value.
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Pandesalapi's Avatar
Philippines
386 Posts
 Posted 05/24/2010  7:13 pm  Show Profile   Bookmark this reply Add Pandesalapi to your friends list Get a Link to this Reply
Both coins are beautiful.
Seems at one glance, they are easily identifiable as originals.
It is a nice thing that we get to familiarize more on 8 reales as these topics continue to evolve specially with our coin pictures and of course through the expertise of our maestro - Thanks to Swamperbob
By the way, with the above 2 coins, how much do these 8 reales fairly cost in the market nowadays? I am just curious how do they appreciate in terms of values annually?
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Archraz's Avatar
United States
3499 Posts
 Posted 05/24/2010  7:34 pm  Show Profile   Bookmark this reply Add Archraz to your friends list Get a Link to this Reply
Pandesalapi- Thanks! Well, mine (the 1769) probably grades about Fine-15, which probably goes for around US$75. I will admit that I got a great deal on mine in that I paid only $40 back in 2007.
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Pandesalapi's Avatar
Philippines
386 Posts
 Posted 05/28/2010  4:59 pm  Show Profile   Bookmark this reply Add Pandesalapi to your friends list Get a Link to this Reply

Quote:
I will admit that I got a great deal on mine in that I paid only $40 back in 2007.

Wow Archraz, That was a bargain price.
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