1755 (Mexico) 8 Reales - Coin Community Forum

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

Author	Replies: 4 / Views: 1,729
gawd0wns Valued Member Canada 464 Posts	Posted 01/31/2011 8:03 pm Link to coin: http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWAX:IT I don't believe this coin was worth the $358 US dollars it sold for..Then again, I don't know anything about pieces of eight, other than the fact that I want at least one in my collection :) Are 1755 (Mexico) issues scarce compared to 8 reales from other years, or countries for that matter? Is $358 close to FMV? Thank you, Edited by gawd0wns 01/31/2011 8:04 pm Report this Post to the Staff

swamperbob Pillar of the Community United States 5362 Posts	Posted 01/31/2011 8:31 pm The Pillar series of 8R coins is generally underpriced in Krause and most references. I think the price is FULL market value and is fair since it was set in open competition. The two things this coin really has going for it are (1) that it is REAL something not seen too often on ebay these days and (2) the seller is trustworthy. In this grade any Pillar 8R should bring at least $300 NEVER less, remember that bargains usually are NOT bargains - but rather FAKES or damaged coins. You ask if this is a RARE date - the simple answer is NOT AT ALL. It is in fact very common - but common in the sense of a Pillar coin would be rather rare in many other series where there are many more collectors. Edited by swamperbob 01/31/2011 8:33 pm Report this Post to the Staff
jfransch Pillar of the Community United States 1801 Posts	Posted 01/31/2011 10:43 pm As a follow up to Swamperbob's comments... original undamaged XF and higher Pillar Dollars are becoming harder and harder to find. I think this was a fair price and the coin is actually a beautiful well truck example of a 1755 Pillar. Well struck pieces dated before 1761 are not as easy to find as the out of touch prices in the guides would indicate. In 1761 the design and engraving of the globes was redone and the coins dated 1761-1771 are much easier to find in clear sharp XF condition, though still not common by any stretch of the imagination. Report this Post to the Staff
coinsoldier Valued Member Canada 85 Posts	Posted 02/01/2011 12:08 pm I think $358 was a reasonable price if indeed XF Usually sell between $300 and $400 at this grade. Report this Post to the Staff
Meldercat Valued Member Canada 268 Posts	Posted 02/02/2011 6:19 pm A quality 8R from a reputable seller will always attract active bidding. With so many fakes it's important to pay a little more for the peace of mind. Very nice coin and well worth the $385.00. Report this Post to the Staff
	Replies: 4 / Views: 1,729

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

All Forums Category: World Coins and Currency Forums Forum: World Coins and Commemoratives

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

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

It took 0.28 seconds to rattle this change.