1737 Spanish Silver: what have I got here?

I am sorting through some old silver coins, which will be offered on eBay in the coming months to help defray mounting old-age related expenses, etc.

This may have been among a batch of coins inherited from an uncle; I have no idea where it came from, if otherwise.

I cannot find it on Kraus; and I have a suspicion it may be a fake.

Coin weight is 26.4 grams; the edge has chevron pattern.
It fits perfectly in a U.S. Silver Dollar Airtite.

Any help will be gratefully acknowledged. Thanks, all. wlw

 

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it looks cast to me

 

+1

 

Looks like Mexico KM #103

 

These are commonly known as pillar dollars, but I'm afraid that yours is a cast counterfeit. I don't know the origin of the counterfeits, but I've run across hundreds of them over the years.

 

The cast effects is or could of been caused by salt water effects . Wouldn't be uncommon for a coin as such to have been in a shipwreck . Can't make a call from the images would have to see the coin in hand.

 

Here is a genuine one for comparison. There are some items that seem a bit out of place, but I don't know anything about die variations of this series. http://m.ebay.com/itm/172636904460?_mwBanner=1

 

Yes the S in Hispan is off by quite a bit . However shipwreck specimens do show pitted surfaces .

 

*Could have.

 

Also, "could've". Anyway, I'm guessing they make the cast from a worn out real coin to give the appearance of circulation?

 

Thank you" Professor Kool"

 

Not only do we have coin experts here at CT ,but grammar as well.
I post here for one reason to talk, and look at coins.....not to receive lessons in grammar.
Next we will be diagramming sentences. Perhaps clapping erasers after class?

 

I will add my voice to Paddy54: I post here for one reason to talk, and look at coins.....not to receive lessons in grammar. We're all smarter than the other fellow in one way or another. But some truths need not be uttered.

Thanks to all of you for pointing out what I should have given more weight to in evaluating the potential authenticity of that slug; obvious evidence of casting...and the S at the top. There's no iron in it...I'll ask a friend to test for silver content with acid, then hand it off to one of the grandkids. End of story.

Again, my gratitude for all your help! wlw