This is a coin my brother found a long time ago and I have always wondered about it. Obviously its 1834 and mexican but outside of that I have no idea what it is and if its worth anything.Hope pics come out ok it says G(and what looks like a c in middle of it)1834.P.J.10Ds20Gs.it does look like at one time someone tried to put a hole in it.
well i did find out that G(with o in it) is the mint where it was made.it is Guanajuato...and I did learn a little bit about it....I guess what im wondering is...Is it real??.....Any Ideas on how to find out...tks
1834 silver coin in Whats it worth? I posted yesterday with pictures of a coin I have had for awhile. I had actually posted it in Whats It Worth but wondered if I should have posted it here instead.
Hello Jsmbdl, I looked at the other thread to see the pictures. What I can say with a fair amount of certainty is that you have an 1834 Mexican 8 real silver coin. There are several different minor variations in design for this type of coin. Here is one in much better condition than yours selling on ebay for $65.(well, at least they are trying to sell it) See link below. http://www.ebay.com/itm/MEXICO-SILVER-COIN-8-REALES-KM-377-8-VF-1834-Go-PJ-/280869448284?pt=US_World_Coins&hash=item41651faa5c Also, these coins are 90.3% silver and should weigh 27.07 grams which calculates to .7859 ounces of pure silver which translates to roughly $22 worth of silver. Even with the hole in it, I imagine a collector of the series may still be willing to pay $25-30 for it. Regards, -Kurt
Well...tya so much for answering Kurt...I had actually started learning a little about it just by following links from here...I guess I didnt realize how big coin collecting was...lol, but I was happy to learn something new.
That is a nice find! The "Go" is the Mexican mint of Guanajuato. The "PJ" is the mint assayer, a mint official. These coins circulated in Mexico and the USA for a long time and some are quite "used".
yeah I had found that much...lol...after posting of course....Im not sure my brother thought it was real, thats why he gave it to me.Guess i need to gloat a little huh?
i think because it was so dirty and beat up...lol...i soaked in a little dishwashing liquid and got the muck off it..its been almost 20 yrs since then and ive just had it in a jar with some other old coins..
Your suspicions were correct - this is not a genuine coin. This is a debased contemporary counterfeit, made in very low purity silver during the time when the original coins would be in circulation. This particular one appears to be Riddell #309. There are many variations for this mint and year. The good news is that it's worth $25-$30 if you can find a collector specializing in contemporary counterfeits.
