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Replies: 18 / Views: 2,444 |
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Pillar of the Community
Australia
1295 Posts |
Any advice on years/mint marks and price guide for a pillar dollar? I want to put together a proclamation coin set (well part of one at least). I saw a VF mexico 1769 in monetarium adelaide for $500 today and it seemed kinda pricey going by my maccas. Any advice would be greatly appreciated. I really want one of these and my better half has given the go ahead so I want to do it now 
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Moderator
 Australia
16830 Posts |
Because of the "Proclamation Connection", Australia is probably one of the most expensive places on the planet to buy coins like this. Aussie sellers know if they use the magic "P"-word they can double their price. The (2002) Krause value for a 1769 Mexico mint dollar is US$125 in VF, US$250 in Unc. My best advice? buy your Proclamation coins from places that have never heard of the Proclamation. 
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Forum Mom
 United States
5877 Posts |
I moved this to World Coins since it's not an Australian subject. You may get more response there.
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Pillar of the Community
United States
5362 Posts |
mnemtsas - I agree with SAP 100% on the issue of where to buy a Pillar 8R without the premium likely to be attached to the coin in Australia. For those interested in a brief overview of what the "Proclaimation" refers to in Australia please see http://www.triton.vg/colonial.htmlI would only caution you to be cautious when hunting for a bargain coin in the Pillar series that there are full weight silver forgeries (Numismatic quality) on the market so keep your wits about you. Also as an asside - based on the dtaes of the "proclaimation" I would tend to believe that most of the actual coins covered would be Portrait and Pillar types - not Pillar coins. Look for a coin dated 1772 or later.
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Pillar of the Community
 Australia
1295 Posts |
OK given that: 1. I am not neccesarily looking for a bargain, just a nice piece that I am happy with 2. I want something genuine, and given that the P word in Australian instantly doubles the prices this relegates me to buying something online. 3. I dont want to risk using ebay as I will freely admit I dont have the skills to pick a forgery from a picture (or most likely even if I have the coin in hand for that matter) 4. Where should I look at buying one? Anyone have some suggestions? Do you have someone you use Bob? Mark
Edited by markn 08/29/2006 7:48 pm
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Pillar of the Community
United States
5362 Posts |
mnemtsas - you can buy a graded Portrait dollar on ebay provided you bid on one encapsulated by a reputable TPG like ANACS. That is about as safe as you can get. In addition, you can get raw Portrait dollars in lower grades from reputable ebay dealers who KNOW what forgeries look like. I know a couple ebay dealers that I would trust 100% not to sell you a fake. I don't know if I can post their names on this forum or not. I don't want to appear to shill for just a few guys. Or if you see a likely candidate - ask me for an opinion. I can't guarantee that I will be right 100% of the time, but I will certainly try to give you a heads up on any pitfalls.
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Pillar of the Community
 Australia
1295 Posts |
Bob can you let me know (via email if you like) the name of the dealers, I'd prefer raw, but failing that I will crack the coins out of a holder. I dont see why recommending someone shouldn't be allowed here.
Mark
Edited by markn 08/29/2006 9:27 pm
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Pillar of the Community
United States
4589 Posts |
There are CArlos and Johanna Pillar Silver Reales On Treasure Hunter Right Now for $225. I do not know if you get that cahnnel there, But I think they are 1 reales that they are showing
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Pillar of the Community
 Australia
1295 Posts |
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Pillar of the Community
United States
4589 Posts |
It Looks good to me , but I would not take my word for it, wait for SwamperBob, I am sure he can tell you to the best of his ability - vs. the photo. I would not be able to see what he can, he does an Amazing Job .
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Pillar of the Community
United States
5362 Posts |
mnemtsas - the coin in the link you posted is real but to me it looks like it was cleaned at one time. I know the seller. She (Cora) is from North Carolina (my home state) and I have visited her shop. Her husband (Louis Hudson) is the expert on these items and like myself he is good at identifing counterfeits. I would generally trust their attributions. If I have any tendency to disagree with Louis it is in the area of age of the forgery. He tends to categorize too many counterfeits as "Contemporary Circulating issues".
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Pillar of the Community
 Australia
1295 Posts |
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Pillar of the Community
 Australia
1295 Posts |
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Pillar of the Community
United States
5362 Posts |
That is a nice looking example of a real 8R - there is a small test cut near 1 o'clock on the portrait side but that is not distracting and the strike in this case is good for the type. This would be a likely candidate for the "kind of coin" that was transported to Australia as a result of the Proclaimation.
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Pillar of the Community
 Australia
1295 Posts |
Thanks Bob! My wife has given the stamp of approval on this coin too so I'm moving forward with it!
Edited by markn 09/08/2006 5:32 pm
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Pillar of the Community
 Australia
1295 Posts |
Edited by markn 09/25/2006 12:07 am
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Replies: 18 / Views: 2,444 |