thanks for the help I purchased this from a local coin store some years back for around 50 dollars i believe. I was just curious as to see if it had grown in value a little
Umm in 1722, charles iiii wasnt even born yet, plus they didnt use busts on those coins in 1722, it was pillars.
Spanish 2 Real Lima Mint. If authentic, the date can't be 1722, it's either 1792 or 1799.(Charles IV 1788-1808) Krause lists both dates at $17.50 VG, $35 F, $50 VF.
I just did the search and you guys are right theres no way for this coin to be dated 1722. Probably just a copy. I stiill cant believe my local coin ealer sold me this...
Several of my local coin dealers have no idea what they are selling when it comes to pre-Federal U.S. coinage, so your experience doesn't surprise me. I'm sorry to hear that you dropped $50 on that specimen.
oh well this is a good experience for me to stop purchasing coins so hastily and to analyze what I am buying. At least this coin has about .2 oz of silver in it though so its not a complete loss.
As someone who is brand new to the world of coin collecting, this sort of stuff freaks me out. How do you know you're getting what you're supposed to be getting? Seems like someone has to do a ton of research before they buy anything.
No, I am certain the coin is silver. Firstly because I checked my collection again in depth and I appeared to have a coin very similar to this one with Charles IV dated 1799. I remember purchasing that from my dealer for ten dollars. Anyway the material from that one to this one looks identical. Finally just to make sure I used some of my silver test acid to test for silver and i got a A light, creamy color result which signals that the coin is somewhere from .7 to .999 silver
@lilbugsd I would not worry so much. I have been buying many coins over the years from my coin dealer and I am very familiar with him. He would never sell me anything counterfit on purpose. This probably just slipped his mind. However it is always best to do some research beforehand.
guys its an original 2 real coin my guess it s that the date is 1792 and there is some dirt around the 9 that makes it look like a 2 unfortunately you can t discriminate between 1792 and 1799 using the bust type or the assayer initials which is the same in both years it s a common coin and to be honest with you i think its worth 10-20$ , the condition is OK but not spectacular regards
the coin is genuine , the straight line at the bottom could be some damage on the die or just the reflection of the light throug the plastic capsule.
The serifs that I am talking about are under BOTH "9"s, and only under the nines, indicating that they are twos and not genuine.
After re-examination, I concur with Rick on this. It is indeed a 1792. See attached image below, and pay particular attention to the tail on the "9".
