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1763 8R... Silver Content Guaranteed!!

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Pillar of the Community

United States
1962 Posts
 Posted 07/25/2011  12:15 pm Show Profile   Bookmark this topic Add realeswatcher to your friends list Get a Link to this Message Number of Subscribers
http://cgi.ebay.com/1763-8-REALES-M...230649585638

Purports to be scarce assayer MM 1763 8R, which has a huge catalog value...
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tokenmast's Avatar
United States
648 Posts
 Posted 07/25/2011  1:10 pm  Show Profile   Bookmark this reply Add tokenmast to your friends list Get a Link to this Reply
A copper made out of copper doesn't make it a Penney

Is that what you mean ?
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swamperbob's Avatar
United States
5362 Posts
 Posted 07/25/2011  11:56 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
I concluded that the coin was a forgery when I saw it initially and I still believe so. The Chinese do make silver forgeries of rarities and this coin is too rare NOT to be certified.

But what most bothers me about the entire series of posts by this seller is the test that produces such % silver. Well, in my experience 917 fine silver is a level of precision that is never achieved with SG testing no matter how accurate your scale is. So he must be using XRF or some other very sophisticated technique that tests only the outer few microns of the coin.

Either way the statement is not scientifically accurate.

In other words - apart from an assay that destroys the coin in its entirety - I know of NO TEST capable of producing a result this accurate. By writing 91.7% he is claiming that his result is accurate to 1/10th percent or 1/1000. Even 91% an accuracy of 1/100 is a stretch and you need a 1/1000th scale and very controlled testing apparatus to achieve that level.

I suspect a fraud is involved here. The seller guarantees ONLY silver content not genuineness of the coin. It could be altered - was the MM recut or was the date changed? His guarantee would NOT cover that.

But I suspect it is a modern fraud - a numismatic forgery struck in a silver alloy of "uncertain composition".
Edited by swamperbob
07/25/2011 11:59 pm
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MathieuMa's Avatar
France
1591 Posts
 Posted 07/26/2011  01:24 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
I never bought from him considering the " inherited COIN" red flag plus other wordings that don't feel safe.
His coins look great though on picture, on this one the only missing thing is a clear picture of the edge (not blurry as here)
The dentils near MM don't go to the edge though, but it could be a perspective effect.

Frankly, considering this has a great chance to be a fake ... it's really becoming harder to figure out what is not fake - considering all the pictures he provided.
Did anyone here bought that guy a coin ?
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jfransch's Avatar
United States
1801 Posts
 Posted 07/26/2011  02:51 am  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
Bummer for the buyer. This coin is a fake. I have never seen a legitimate 1763 MoMM with a lower arc on the crown over the globes. There is a 63/62 MM with the lower arc but no non overdate that I am aware of. I purchased a near perfect match to this coin about 6 years ago off ebay and was lucky enough to get my money back after examining the coin and showing it a reputable dealer in Spanish Colonial coins who wrote me a letter stating the coin was a clever numismatic fake. I purchased it from a PNG dealer that gave a lifetime guarantee for genuine and he stood by his word. Not a raw coin I would be buying off ebay from an unknown seller.
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Litotes's Avatar
Norway
510 Posts
 Posted 07/26/2011  03:26 am  Show Profile   Bookmark this reply Add Litotes to your friends list Get a Link to this Reply

Quote:
But what most bothers me about the entire series of posts by this seller is the test that produces such % silver. Well, in my experience 917 fine silver is a level of precision that is never achieved with SG testing no matter how accurate your scale is. So he must be using XRF or some other very sophisticated technique that tests only the outer few microns of the coin.


Bob, I work for a firm that imports merchandise from China. They have a handheld x-ray device that can shoot straight through an item and list up the elements it contains. Believe me, a test of the few outer microns is not enough to put at ease any concerns about environmental pollutants in the merchandise. I have tested this device on coins and it gives a result to the nearest decimal. I will hasten to add that it also proclaims uncertainty levels far greater than 0,1% so that in effect the decimal reading is irrelevant, but it is quite possible that the seller has got access to a machine such as this and achieved a 91,7% reading - and then disregarded the uncertainty.

And even if this coin along with its description is 100% fake (I do not defend this particular seller), another seller could conceivably use this technique - so it is something to consider in such cases.

If any coin collector should get the idea of acquiring such a device, I can inform you that it costs about $75 000. Or it did last year. I do not follow this market, the price could have dropped by now for all I know.
Edited by Litotes
07/26/2011 03:27 am
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MathieuMa's Avatar
France
1591 Posts
 Posted 07/26/2011  07:38 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
Here is a genuine similar coin, for comparison (from ha.com - sold for 920USD last year)

1763-8R...-Silver-Content-Guaranteed!!
1763-8R...-Silver-Content-Guaranteed!!
Edited by MathieuMa
07/26/2011 07:41 am
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swamperbob's Avatar
United States
5362 Posts
 Posted 07/26/2011  4:32 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
Litotes I have researched the hand held XRF testers (about 6 months ago) - they are most commonly used at Junk Yards to identify scrap metal or by EPA types looking for lead paint or heavy metal contamination in imported goods. The beam passes through non metallic elements well but I was led to believe that use on a coin would produce innacurate results. I was told that they test a limited range of metals but that the range can be expanded with add on features and that some add ons were not SIMPLE. The costs for what I needed ran near $100,000 at that time.

To get an "interior" examination of most thick metals metals a cross section is normally required. They can often use natural breaks or wear spots BUT the focal area (the area being tested varies from a few square centimeters to a few square mm at the smallest. The reading is averaged over the area of the test. They also said oxidation and surface contamination could destroy the accuracy. It did not sound to me like they were even interested in selling or renting one to me. The manufacturers I called claimed penetration depths of several mm BUT the accuracy rates were as bad as +/-3%. One even said it could be as high as 10% which is worse than SG at its worst.

Like all other XRF testers they rely on reflection of x Rays and the radiation (particulate) that results from the impact of the X Ray beam with the atoms of the metal. The readings result from this "reflection" and while the beam excites atoms deep inside only the atoms at or near the surface produce clear readings. As far as I know the test is only accurate for the surface 2 microns deep and accuracy decreases with depth and surface irregularity.

The Deeper testing apparatus is (last I knew) laboratory equipment that requires a perfectly level surface to perform deep testing because of the need to do precise angular deflection readings. Here they usually require specially ground FLAT surfaces.

I will check further, because XRF is a perfect tool for what I am doing with the age documentation of counterfeits. I theorize that the trace contaminants found in coins will not only be able to estimate date of refining of the silver for real coins but forgeries as well. In addition impurities may act like fingerprints to link forgeries together for dating and ID purposes.

As part of the process for writing our book on Portrait forgeries of 8Rs, my co-authors have been searching for XRF testing capability that can read both surface and subsurface metallic contents of coins inexpensively. One of the authors knows an expert in the field who says that for coins (irregular surfaces) there is nothing that satisfies the criteria we want except a Lab set up with a VERY large extremely costly apparatus. That Lab type set up runs a minimum of $30 per test but will read "surface" alloy at a precise spot to an accuracy of 100ppm. Sub surface composition would require a reading at a point where the core is exposed.

To do a coin that is plated (with a break in the plating) - a minimum of two tests would be required PER coin and $60 per coin for testing gets prohibitively expensive when there are potentially 3,000-4,000 coins involved. None of us has a quarter million dollars lying around for testing expense.

So if you have a phone number or website for an XRF apparatus that meets our criteria I for one would love to know about it. I think XRF is the future of authentication and detection.

Here are the minimal criteria as I see them.
1. Capable of identification of all metals used in forgery
2. Accuracy to 100ppm but 1000ppm (0.1%) might be OK
3. Capable of precise focus on an area under 1mm square.

Please let me know I am VERY SERIOUS about this.
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MathieuMa's Avatar
France
1591 Posts
 Posted 07/26/2011  4:52 pm  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
Was wondering Swamperbob, was that seller / coin identified as fake in your list ? If so, what gave you the hints ? (except the wordings in the auction)
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Litotes's Avatar
Norway
510 Posts
 Posted 07/26/2011  5:02 pm  Show Profile   Bookmark this reply Add Litotes to your friends list Get a Link to this Reply
Bob, I will ask the head of our firms laboratory for details. I suppose I could be all wrong about this. I am pretty sure about what I was told but I have no expertize on my own to attempt to verify the claim. The readings of my coins could have been from the outer two microns for all I know. It seems you know plenty about the subject already so I fear I might have nothing much to add. But I will get the details of our apparatus for you anyway, just in case.
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swamperbob's Avatar
United States
5362 Posts
 Posted 07/26/2011  6:08 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
MathieuMa I actually have seen the seller before - selling an obvious fake with the same guarantee. That creates the "presumption" of forgery so I need less in the way of visible clues to decide.

In this case, there is a dark line on the shield side - often a trace of carbon discoloration on a forgery.

Under the date area - it appears the dentils do not run completely to the edge of the coin.

The details of the shield are odd - possibly reals but still odd - the outline is weak in spots and one Lion sits on top of the outline.

The surfaces above the right MM are very porous and streaked.

The edge is well WRONG and a bit out of focus (strangely other bad edges are out of focus).

So add that to the odd guarantee - history of handling fakes - and the fact that all but one of his 8Rs lists the silver at 91.7%.

Well, I may be wrong but prior to this coin he has failed to get enough for most of his coins - WHY DOESN'T HE HAVE THEM GRADED and make more money?
Pillar of the Community
Czech Republic
803 Posts
 Posted 07/26/2011  6:50 pm  Show Profile   Bookmark this reply Add TwoKopeiki to your friends list Get a Link to this Reply
What jumped out at me was also the shield. Some of the design elements, like the lion that Bob mentioned, and the castle to its right, are sitting on top of the outline. Plus the area at the bottom of the shield, where pomegranate is, seems to be crudely done. From what I understand (and Bob, correct me if I'm wrong on this) the shield (minus the fleur-de-lis, I would guess) was applied with a single punch. If this was the case, design element overlap such as seen here would not be possible.
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MathieuMa's Avatar
France
1591 Posts
 Posted 07/27/2011  08:10 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
Hum, another seller is selling some nice pillars, not sure why but I don't like the look of his coins (for example this one's surface is very smooth) : http://cgi.ebay.com/EXTREMELY-SCARC...t_500wt_1288
Pillar of the Community
United States
1962 Posts
 Posted 07/27/2011  10:55 am  Show Profile   Bookmark this reply Add realeswatcher to your friends list Get a Link to this Reply
"Hum, another seller is selling some nice pillars, not sure why but I don't like the look of his coins..."

I TRULY hope you're being sarcastic.

For the uninitiated/ever-hopeful, when you see 1770s-80s Charles III Santiago (Chile) mint 4R and 8R, unless you know exactly what you're doing, DO run the other way post-haste... He's got the usual allotment - pillars, some counterstamps, the requisite Santiago piece or two - and smartly salts his listings with a few low-ticket modern pieces. See, his stuff must be real, b/c the guys who sell fakes wouldn't have that little $5, %10 stuff... RIGHT?

See, the real dangerous pieces are ones like this:
http://cgi.ebay.com/2-REALES-1797-S...230645844232

This is a $200+ coin in today's market... IF legit, of course, which this isn't. It's of course guilty by association, plus the coin itself has some issues... However, it's certainly decent enough to sucker enough people in to the tune of the $78 it sold for.

Now it disappears into the coin collecting world at large, one day to be resold by swell guys who guarantee the silver content down to the millionth part.
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MathieuMa's Avatar
France
1591 Posts
 Posted 07/27/2011  5:06 pm  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
Yep was being sarcastic, I intended to post other coins he had - but saw that one which made everything even more ... fun ;)
I'm amazed on the variety of fakes popping up - some of which are really well done and aged (it was not the case here).

About the one you posted - the lettering feels mushy, the C of carols touches the bust in a very odd way, and the dentils don't go to the end on one side (but figured out that this was normal for this mint/value).
Wouldn't have played with that one :D
Edited by MathieuMa
07/27/2011 5:09 pm
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MathieuMa's Avatar
France
1591 Posts
 Posted 07/29/2011  12:16 pm  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
As were were talking about santiago coins, here is a nice carolus IV 8 reales (face version, not shield) : http://cgi.ebay.com/1803-Chile-Char..._1893wt_1156

Booh, and here is another fake pillar from guatemala, :
http://cgi.ebay.com/SCARCE-8-REALES...t_500wt_1288
(seems that guy sells his copies very well, check out his past auctions)
Edited by MathieuMa
07/29/2011 12:39 pm
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