Charles III 8 Reales Counterstamped Coin

So most likely, this was purchased or acquired back in the 70's maybe 80's. I'm also more suspicious that there are lines going through the coin as if it was rolled through something like a press and not hammered like a stamp.

The cut on through the center of the coin is completely smooth as if it was either cut and smoothed out later.

I am going to see if I can get it checked out anyway even though I'm about 95% certain it's fake. That 5% is going to nag at me until I know for sure. I'll report back either way.

Thanks again for everyone's input!

 

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Fun post, can't wait to see further info. There were a lot of coins cast during the Spanish War of Succession whereby dies and machinery were not going to the colonies in America. Fun piece to play with. Who knows?

 

Note to both of us. If we find for ten dollars or under grab just one for study.
Any higher dollars than that must be slabbed to consider and even then we
need to verify that the slab is not a fake too.

 

Owing to the chronic shortage of silver and the cost of the Napoleonic Wars (1793 to 1815), the British Government counterstamped all sorts of foreign coins with either an oval or octagonal stamp showing the head of George III, usually pieces of eight (8 reales, valued at 4 shillings and ninepence) but also 4 reales - and French and Italian coins. There are also some rare examples of the US liberty dollar being counterstamped.

There are several photos of counterstamped coins on the internet, and most are listed with values in Spink's Coins of England

 

Just wanted to update everyone. This was indeed a counterfeit. I had it appraised by PCGS. I had a feeling it was but the part of me that said to make sure got the better of me. Oh well.

 

As someone else here said...tuition.