Picked this up today and was just wondering how much people thought it was worth. It has issues but how much does that effect its value?
NGC lists a 1781 FF 2 Reales in VG for $25. Yours is not that. Honestly, I'd be hard pressed to pay much, if any, more than melt for it. That being said, I don't know this series so I could be waaaaaaaaaaay off. Pretty cool coin though https://www.ngccoin.com/price-guide...s-km-88.2-1773-1784-cuid-1116116-duid-1417048
I think $15-20 is about right for this coin. While it is not in great shape, I have found these go for about that just for their "cool factor"
You assume that it is authentic. You should at least weigh it and examine the edge. That being said, a contemporary counterfeit would probably be worth more than a genuine in that shape.