Are these genuine? Mexican coin 1867 Durango C.P. 8 Reales and others

Discussion in 'What's it Worth' started by hobbyist, Aug 20, 2011.

  1. hobbyist

    hobbyist Junior Member

    Hi guys. I recently acquired a few Mexican 8 reales coins but I'm NOT sure about the authenticity of about 4 of them. I am not a Mexican coin collector so I have to ask. I've had hundreds of these coins before but only the common, least expensive ones. This circulated 1867 Durango C.P. 8 reales coin is valued at hundreds of dollars according to my old book but I don't know if it's the real thing. The 1843 Guadalajara M.C. has text that looks funny Then the other two have rims with dentils that are long. Are these normal for these type of coins? It's my first time to encounter them. All I know is that they are definitely silver. Anyone knowledgeable please help me?

    Also, I don't know the current values for these coins.:(

    1867 Durango C.P. 8 reales -- 26.3grams, 39mm
    1867 Durango CP rev.jpg 1867 Durango CP obv.jpg 1867 edge.jpg


    1843 Guadalajara M.C. 8 reales -- 26.8grams, 39.5mm

    1843 Guanjuato MC rev.jpg 1843 Guanjuato MC obv.jpg


    1858 Durango C.P. 8 Reales -- 26.7grams, 38.5mm
    http://www.badongo.com/pic/13579223
    http://www.badongo.com/pic/13579221

    1841 Zacatecas O.M. 8 reales -- 26.65 grams, 38.3mm
    http://www.badongo.com/pic/13579217
    http://www.badongo.com/pic/13579426


    Thank you so much guys.
     
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  3. rdwarrior

    rdwarrior Junior Member

    I hope I am wrong, but am I seeing a faint word "copy" on the top of the first pic?
     
  4. hobbyist

    hobbyist Junior Member

    Also, the eagle side of the 1867 Durango seems to have some rays beside the eagle's wings below republica. How did that occur there?

    Hi rdwarrior. "copy?" You mean literally? I used a loupe and it's a chopmark like a tiny sun. :)
     
  5. BRandM

    BRandM Counterstamp Collector

    That's what I'm seeing too hobbyist, a small sun(?) counterstamp or something like that.

    Bruce
     
  6. hobbyist

    hobbyist Junior Member

    Hi Bruce. Are these chopmarks also important? Are there signs the coin might be a counterfeit? I really don't know if counterfeits of the the 1867 Durango exist. Is it normal for the 1843 Guadalajara to have text that looks 'crudely" done?
     
  7. BRandM

    BRandM Counterstamp Collector

    Sorry hobbyist, I'm not familiar with these series of coins. I was just commenting about the marks on 1867 Durango. Sorry I can't help you.


    Bruce
     
  8. swhuck

    swhuck Junior Member

    At a glance, they look OK. The weights are in the right ballpark, and a lot of Mexican coinage that wasn't made in Mexico City is pretty crude. The chopmark makes plenty of sense in context; 8 reales pieces were commonly used and popularly accepted as trade coinage. The rays appear to be a die clash. I'm hardly an expert on these, to be sure, but I don't see any red flags.

    Also, I checked the Heritage Auction Archives. I found two of the Durango pieces. One was a CP which was clearly struck from a completely different pair of dies, but the other, a CP/CM, was from a set of dies that appears to be the same as your piece, up to and including the die break above PUBLI. http://coins.ha.com/c/item.zx?saleNo=378&lotNo=14056. You can see an obvious trace of the underlying M on your piece immediately to the left of the P.

    I suspect your pieces are just fine; indeed, I think the 1867 Durango is probably well-struck for the issue if the piece I linked is any indication. I will, of course, gladly defer to someone who actually knows something about this series. :)

    Prices from the 5th edition of Krause:

    1867 Durango CP/CM: 125 Fine, 250 VF (CP without the underlying CM is slightly more expensive)
    1843 Guadalajara MC: 50 Fine, 100 VF
    1858 Durango CP: Listed prices are less than bullion up to VF
    1841 Zacatecas OM: Listed prices are less than bullion up to VF, and if silver goes up any more, that'll also be true for EF.
     
  9. tonedcoins

    tonedcoins New Member

    I believe it is authentic. Typical of a chopmark for the age as swhuck indicated. The reverse lines (ray marks) are from a clashed die.
     
  10. hobbyist

    hobbyist Junior Member

    Hi guys. Thank you.

    That is so much information, swhuck. I've really learned so much. Thank you so much. :hail::hail: A friend was offering me $140 for the 1867. :( BTW, the die clash on the obverse would make it a bit expensive, right? ;)

    I really appreciate all your help guyz. :D
     
  11. swhuck

    swhuck Junior Member

    I doubt the clash would have any effect on the value at all, and I suspect your friend's offer is pretty fair.
     
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