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8 Reales 1769 From Guatemala - Essayer P

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MathieuMa's Avatar
France
1591 Posts
 Posted 03/09/2011  04:35 am Show Profile   Bookmark this topic Add MathieuMa to your friends list Get a Link to this Message Number of Subscribers
Hi,

Just won an auction on this coin, but would like to have confirmation that it looks safe before paying :)
Here are the details, I'm waiting for aureo's references from the seller (not sure if hotlinking to ebay images will work ...) :
8-Reales-1769-From-Guatemala---Essayer-P
8-Reales-1769-From-Guatemala---Essayer-P

And the auction :
http://cgi.ebay.com/ws/eBayISAPI.dl...t_671wt_1116


Thanks in advance :)


Mathieu
Edited by MathieuMa
03/09/2011 04:57 am
Pillar of the Community
t0rress's Avatar
Bulgaria
843 Posts
 Posted 03/09/2011  11:59 am  Show Profile   Bookmark this reply Add t0rress to your friends list Get a Link to this Reply
looks real
Valued Member
odentheviking's Avatar
United States
425 Posts
 Posted 03/09/2011  10:58 pm  Show Profile   Bookmark this reply Add odentheviking to your friends list Get a Link to this Reply
I can't believe this coin is authentic! Theres jsut too many things wrong with it! Where do you start?
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jfransch's Avatar
United States
1801 Posts
 Posted 03/10/2011  02:20 am  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
Actually it is probably real, but it would take a SG test before I would buy it. It is a variety known as the "wide planchet" and they are always struck with the weird unstruck parts of the planchet (it was bigger diameter than the die). Actually a common variety of 1769 Guatamala 8 reales. Realize the Guatamala pillars tend to be the poorest quality of all the mints. That said, this particular coin has other issues such as the damage from the pin mount that used to be on the shield side and the various dings and scrapes, I would pass on it if you can, hold out for a nice example.
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Nic's Avatar
Philippines
1156 Posts
 Posted 03/10/2011  03:03 am  Show Profile   Bookmark this reply Add Nic to your friends list Get a Link to this Reply

if you've already won it, can you still back out and not pay for it? even if the reason is valid?

sorry for asking, I hve no direct experience at all at ebay auctions, I ask a friend, who's the member, to bid for me and I did get stuck up with some fakes, part of the risk



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swamperbob's Avatar
United States
5362 Posts
 Posted 03/10/2011  5:03 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
MathieuMa From the pictures the coin looks like the correct design and many of the little features appear to match photos of real coins at this date and mint. It was repaired where a pin mount was removed. Normally I would presume the coin was real with the exception of the scarcity of the mint. It is a very common for forgers to target "believable" coins where they can make a profit. jfransch may be correct about this coin being real - it certainly looks "correct" mostly. However, to me, if UI had to bet one way or the other, that the coin is most likely a cast copy made from a transfer mold created from a photographically duplicated image.

You didn't give any information about where the seller is from - a link to the auction would be nice.

But you should really decide all this BEFORE you bid or win an auction. There is no way to be sure until the coin is in your possession and then it may be too late. You also run the risk at this point of being identified as a non-payer.
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jfransch's Avatar
United States
1801 Posts
 Posted 03/10/2011  5:39 pm  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
The link was included in the original posting, below the photos. I am sticking to my belief that if this coin passes the SG test, it is real. MathieuMa, we'll be waiting on your follow up post when you receive the coin if you go through with the purchase.
SwamperBob, this woulod be an odd coin to counterfeit because you could only make one without tipping off the collecting world that you had a fake. Like a cob coin, there should not be 2 identical coins of this variety because of the random mis-strike on the perimeter of the coins due to planchet size. Anytime 2 cobs that are identical show up, they usually get noticed quickly and put in the fake coin databases.
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MathieuMa's Avatar
France
1591 Posts
 Posted 03/11/2011  5:24 pm  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
Hi,

Was away for work yesterday - I'm now back :)

The seller seems serious (link in the first post) - he tells me he got the coin for an Aureo auction in july 2008, found it in the auction catalog (aureo/calico - the ones making the Calico spanish coin catalog) :
1769. Guatemala. P. 8 reales. (Cal. 818). Columnario. Resto soldadura y rayitas reverso. Rara. (MBC/MBC-). Est. 300 (sold for 170 EUR then)
He tells me he can still propose it to the second bidder if I don't want the coin, and I can ship it back if there is any issue. I think I'll take it.

The coin is indeed not perfect due to the mount mark, but a such coin without this issue would cost at least 700USD ... which is over my budget for now.

As it was said, this serie was made using thick planchets and don't have the regular look of pillars. They are scarce and hard to find in nice quality. I actually like that odd look, as I like cobs very much :)
There is actually another one to sell now, badly holed but certified by NGC : http://cgi.ebay.com/ws/eBayISAPI.dl..._2538wt_1116

He posted pictures of the rim, which seems nice, plus the weight : 26,5g
8-Reales-1769-From-Guatemala---Essayer-P

About auctions on ebay ... when I'm not sure I always pay using paypal.
If there is an issue and you see it in a reasonable time (not 3 monthes after), fill a complaint with paypal, try to get the seller to get his coin back, and if he don't want upgrade the complain to get paypal to resolve it (that's called ebay buyer protection)
This is not available on all items though, but generaly it works with items bought using paypal.

Actually, I got a bunch of fakes, from when I didn't knew enough :/
And it's too late now.
Edited by MathieuMa
03/11/2011 5:50 pm
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swamperbob's Avatar
United States
5362 Posts
 Posted 03/12/2011  9:53 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
jfransch Not quite sure the planchet variations here are as significant as cob pieces and I am not sure they would be correlated as easily as cobs are. If the forger is using an over-sized die pair in a screw press he could easily duplicate expected diameter variations and by extrapolation from known photos predict what the dental area should look like on sequential strikes. By offsetting each strike in a different direction he could make 4-6 coins easily and then sell them at 6 month intervals - each time making $200+. Of course once they get the dies right they could revert to an undamaged format and go for $600 each.

My diagnosis was actually based in part on the cracks visible at the top of the coin. They look a bit soft to me (a subject that has been published before) with a branching that should have been accompanied by die metal loss - but which seems to retain the central die metal fragment(s) without displacement. I was also rather concerned that the margins of this coin correlate too well to the Gilboy plate coin G-8-18e. It appears to be the same die pair with a few more chips as if it simply aged and more of the dentils flaked off as a result of perimeter cracking - but I believe I see matching damage to the right column just at the point where the ribbon tip makes its lowest pass over the column.

Duplicate damage (post strike) often proves forgery and if that ding is a struck/cast in feature it should be obvious in person.

I hope it is real and I hope more detailed photos especially of the EDGE will be forthcoming.

Would the seller agree to a contingent purchase of the coin was forwarded to say NGC?
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MathieuMa's Avatar
France
1591 Posts
 Posted 04/04/2011  06:05 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
Received the coin a few weeks ago - but my camera had to be repaired ... which is now done :)
Here are the pictures, both side + the coin's edge - from the top, 45° clockwise for each picture. I can take as much as needed :)

The coins seems legit to me, those Guatemala are pretty rough.

Thanks in advance for your comments :)

8-Reales-1769-From-Guatemala---Essayer-P

8-Reales-1769-From-Guatemala---Essayer-P

8-Reales-1769-From-Guatemala---Essayer-P

8-Reales-1769-From-Guatemala---Essayer-P

8-Reales-1769-From-Guatemala---Essayer-P

8-Reales-1769-From-Guatemala---Essayer-P
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swamperbob's Avatar
United States
5362 Posts
 Posted 04/04/2011  7:22 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
If the coin is not real the dies are so well done that it would fool me in a picture. That does not automatically imply it is real just not clearly detectable in a picture.

I still have two concerns - the edge overlaps which I can see only one of on the third picture and the wavy planchet. With the better photos the die cracks look better.

Have you got a precise weight or SG?
Valued Member
RealPeso's Avatar
United States
426 Posts
 Posted 04/04/2011  8:22 pm  Show Profile   Bookmark this reply Add RealPeso to your friends list Get a Link to this Reply
Nice coin!

On a side note, be sure to wear cotton gloves when handling coins. It's painful to come across nice coins with fingerprints on them.
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MathieuMa's Avatar
France
1591 Posts
 Posted 04/05/2011  04:47 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
Ah, cotton gloves ... I thought about those, but thought that old coins wouldn't need them (proper cleaned hand though are required) :)

The coin looks indeed great, and the mount mark is not that visible (could be worse).
I'll recheck the overlap and post a picture - but it's not clearly visible on the first position (should be somewhere on the first edge picture).
Actually the pattern is "less complete" on half of the coin - this can be seen by comparing edge picture 2 and 4.

I'll get precise weight tonight as well (got the scale with me, but not the coin).
The coin should be safe, as it comes from an Aureo sale (http://www.aureo.com/) - although some already saw fake coins being sold there (or on heritage)
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MathieuMa's Avatar
France
1591 Posts
 Posted 04/07/2011  05:26 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
Took a bit longer - but here are additional pictures (visible overlap at the bottom of the shield - and 4 pictures at the opposite of this overlap, from left to right)
Weight : 26.57g

8-Reales-1769-From-Guatemala---Essayer-P

8-Reales-1769-From-Guatemala---Essayer-P

8-Reales-1769-From-Guatemala---Essayer-P

8-Reales-1769-From-Guatemala---Essayer-P

8-Reales-1769-From-Guatemala---Essayer-P


Thanks :)
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MathieuMa's Avatar
France
1591 Posts
 Posted 04/10/2011  04:20 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
Up :) In case our local specialist missed the update :D
Thx in advance ;)
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