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Charles III 8 Reales Counterstamped Coin
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<p>[QUOTE="Randy Abercrombie, post: 3128060, member: 92655"]What you have there is a Spanish Reale. These were legal tender in the United States and was the basis of our nations silver dollar. It was quite common for these to be split. It was how change was made when change was not available. In effect a "half dollar". It was also common for coins to be counterstamped by merchants back then. The counter stamp would have nothing to do with the minting of the coin. More likely a merchants way of advertising his wares. Cool piece of history you have there!</p><p><br /></p><p>Edit... As far as the value goes, a full Reale from that period typically brings around $75.00-100.00. Choice specimens may bring substantially more. It would be difficult to command any premium for yours unless there is some history tied to the counterstamp that is of interest to a particular collector.[/QUOTE]</p><p><br /></p>
[QUOTE="Randy Abercrombie, post: 3128060, member: 92655"]What you have there is a Spanish Reale. These were legal tender in the United States and was the basis of our nations silver dollar. It was quite common for these to be split. It was how change was made when change was not available. In effect a "half dollar". It was also common for coins to be counterstamped by merchants back then. The counter stamp would have nothing to do with the minting of the coin. More likely a merchants way of advertising his wares. Cool piece of history you have there! Edit... As far as the value goes, a full Reale from that period typically brings around $75.00-100.00. Choice specimens may bring substantially more. It would be difficult to command any premium for yours unless there is some history tied to the counterstamp that is of interest to a particular collector.[/QUOTE]
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Charles III 8 Reales Counterstamped Coin
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