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<p>[QUOTE=&quot;mdr, post: 60113, member: 3563&quot;]Dear Lev,</p><p>&nbsp; The Spanish web site you gave me had the 1880 coin listed at 1.9 million Pesetas or about $13,600. This was pretty colse to the $15,000 estimate of Mr. Ciriaco.</p><p>&nbsp; He called yesterday and had a firm offer of $15,000 from a local collector. Another broker called today and said he was trying to negotiate for $20,000 from a Japanese buyer. I told them I to put things on hold because I wanted to talk first to the board members of the Philippine Numismatic Association. They will be meeting next week and I would like to listen to what they have to say. </p><p>&nbsp;&nbsp; I went to the Central Bank Museum on Monday and the museum director told me that they did not have an 1880 but had 2 pcs. of the 1882 which were on display. It seemed that the information from Mr. Ciriaco was correct and that the rumor that they aquired an 1880 for $40,000 was false. I got a call however from the museum director this morning and she said she found another inventory list that indicated that they had aquired an 1880 Alfonso XII in 1979 during her predecessor term. She thinks it could be in their vault and she will try and verify this. She said that they are still in the process of computerizing their inventory which has about 25,000 items, this is why she was unaware of it&#039;s existence. I requested that she try and find out if the coin is still in their possessoin, where it was acquired from and for how much. She said she would try but could not promise me the answers. Anyway I think I will go visit them in a couple of weeks and see if she got any results. This is getting to be a lot harder than I thought.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie5" alt=":confused:" unselectable="on" unselectable="on" />&nbsp; &nbsp; &nbsp;&nbsp; </p><p>&nbsp;&nbsp; I was just wondering, if they have a specimen, that means there are 3 verified 1880&#039;s known to exist. Would it reduce the value of my coin? Most of the local collectors were under the impression that there were only 2 specimens that existed, mine and another owned by a lady dentist.[/QUOTE]</p><p><br /></p>

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