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Pillar Dollar

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Pillar of the Community

Australia
1295 Posts
 Posted 08/29/2006  06:43 am Show Profile   Bookmark this topic Add markn to your friends list Get a Link to this Message Number of Subscribers
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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Sap's Avatar
Australia
16830 Posts
 Posted 08/29/2006  08:11 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
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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Susanlynn9's Avatar
United States
5877 Posts
 Posted 08/29/2006  08:17 am  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
I moved this to World Coins since it's not an Australian subject. You may get more response there.
Pillar of the Community
swamperbob's Avatar
United States
5362 Posts
 Posted 08/29/2006  10:11 am  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
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.html

I 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.
Pillar of the Community
Australia
1295 Posts
 Posted 08/29/2006  7:45 pm  Show Profile   Bookmark this reply Add markn to your friends list Get a Link to this Reply
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
Pillar of the Community
swamperbob's Avatar
United States
5362 Posts
 Posted 08/29/2006  9:06 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
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.
Pillar of the Community
Australia
1295 Posts
 Posted 08/29/2006  9:20 pm  Show Profile   Bookmark this reply Add markn to your friends list Get a Link to this Reply
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
Pillar of the Community
scoutjim99's Avatar
United States
4589 Posts
 Posted 08/29/2006  11:02 pm  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
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
Pillar of the Community
Australia
1295 Posts
 Posted 08/30/2006  12:45 am  Show Profile   Bookmark this reply Add markn to your friends list Get a Link to this Reply
OK, here's one that looks OK. What do you experts think?

http://cgi.ebay.com/MEXICO-8-REALES...II_W0QQitemZ160023269878QQihZ006QQcategoryZ541QQcmdZViewItem
Pillar of the Community
scoutjim99's Avatar
United States
4589 Posts
 Posted 08/30/2006  02:53 am  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
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 .
Pillar of the Community
swamperbob's Avatar
United States
5362 Posts
 Posted 08/30/2006  09:47 am  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
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".
Pillar of the Community
Australia
1295 Posts
 Posted 08/30/2006  7:06 pm  Show Profile   Bookmark this reply Add markn to your friends list Get a Link to this Reply
OK thanks Bob.
Pillar of the Community
Australia
1295 Posts
 Posted 09/08/2006  02:47 am  Show Profile   Bookmark this reply Add markn to your friends list Get a Link to this Reply
OK well I think I have a winner here:

http://cgi.ebay.com.au/Mexico-1786-...XF_W0QQitemZ290026307949QQihZ019QQcategoryZ541QQcmdZViewItem

I like the toning on the coin and the detail on the reverse is nice. The seller (according to Swamperbob) is reputable too.

Mark
Pillar of the Community
swamperbob's Avatar
United States
5362 Posts
 Posted 09/08/2006  10:41 am  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
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.
Pillar of the Community
Australia
1295 Posts
 Posted 09/08/2006  5:32 pm  Show Profile   Bookmark this reply Add markn to your friends list Get a Link to this Reply
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
Pillar of the Community
Australia
1295 Posts
 Posted 09/25/2006  12:01 am  Show Profile   Bookmark this reply Add markn to your friends list Get a Link to this Reply
Well it's arrived! And all I can say is wow, the coin has so much character. I am soooo glad I picked the toned example rather than the flat silver example, it gives the coin so much depth of field. Thanks ever so much to Swamperbob for his help choosing this coin. By the way, my wife *loves* it.



Pillar-Dollar

Pillar-Dollar
Edited by markn
09/25/2006 12:07 am
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