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<p>[QUOTE="Michael2910, post: 1480281, member: 38958"]Okay first of all this is my first post looking for help so I apologize if I make a mess of this and if there is anything that I can do better to improve this then please any assistance is appreciated.</p><p><br /></p><p>Anyway to the meat of my issue, I work in a coin shop and we bought a small collection of world coins, mostly British, that included a couple of beautiful looking Counter stamped 8 Reales which we sent off to be graded and authenticated along with several of the better British coins.</p><p><br /></p><p>We knew the British coins were authentic and just wanted a grade but we were unsure of the two 8 Reales counter stamps. We knew the coins were consistent with known patterns and they looked good, but just didn't have the experience or knowledge to make the call ourselves (I am very green and the owner of the shop deals primarily in US coins).</p><p><br /></p><p>The coins came back from NGC all beautiful and graded including one of the counter stamps, a 1757 8 Reales from Jamaica in the British Commonwealth, counter stamped 6s 8d from 1758 in XF Details,but with one question, a 1792 8 Reales that appears to be counter stamped with 4s 9d by the Arkwright family in Cromford, Derbyshire, this came back in a body bag which seemed to suggest that the coin was fake.</p><p><br /></p><p>So the tale could have ended there but I am an inquisitive sole by nature and I have seen a couple of images of this coin online and ours seemed the right design and (this was not my suggestion but the store's owner, I am green remember!) the toning seemed consistent throughout the coin as if the the coin had been counter stamped in the sime time period, give or take a few decades, to when it had been struck. As a learning experience I thought why not call NGC and find out why it came back as ungraded.</p><p>I called NGC and was told "we don't grade merchant counter stamps anymore" so the mystery was once again reopened.</p><p><br /></p><p>I could have left it there but the collection seemed consistently genuine and I thought it was wortk a mulligan if you will, so I sent the coin to PCGS (after first confirming that they grade these coins!). I waited 5 weeks and eventually got an e-mail from PCGS.....they were unable to say if it was genuine so they sent it back to us by FedEx and refunded out grading fees. </p><p><br /></p><p>So here I am 4 months after first getting this coin on my desk still non the wiser, as I am green I didn't really know enough about all the resources out there from avid collectors until one of my customers suggested this would be a great way to further my knowledge so I thought why not.</p><p><br /></p><p>I suppose my question is what do you guys think, I know what this coin is supposed to be, I know it is fairly rare but how do I know what it really is and what value is there in this coin either way.</p><p><br /></p><p>I am at your mercy, please be kind and I have one suggestion for myself already, make my threads a little shorter (sorry I wanted you to know my train of thought as to why I feel this coin has a chance of being genuine).[ATTACH]187244.vB[/ATTACH][ATTACH]187245.vB[/ATTACH][ATTACH]187246.vB[/ATTACH][ATTACH]187247.vB[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Michael2910, post: 1480281, member: 38958"]Okay first of all this is my first post looking for help so I apologize if I make a mess of this and if there is anything that I can do better to improve this then please any assistance is appreciated. Anyway to the meat of my issue, I work in a coin shop and we bought a small collection of world coins, mostly British, that included a couple of beautiful looking Counter stamped 8 Reales which we sent off to be graded and authenticated along with several of the better British coins. We knew the British coins were authentic and just wanted a grade but we were unsure of the two 8 Reales counter stamps. We knew the coins were consistent with known patterns and they looked good, but just didn't have the experience or knowledge to make the call ourselves (I am very green and the owner of the shop deals primarily in US coins). The coins came back from NGC all beautiful and graded including one of the counter stamps, a 1757 8 Reales from Jamaica in the British Commonwealth, counter stamped 6s 8d from 1758 in XF Details,but with one question, a 1792 8 Reales that appears to be counter stamped with 4s 9d by the Arkwright family in Cromford, Derbyshire, this came back in a body bag which seemed to suggest that the coin was fake. So the tale could have ended there but I am an inquisitive sole by nature and I have seen a couple of images of this coin online and ours seemed the right design and (this was not my suggestion but the store's owner, I am green remember!) the toning seemed consistent throughout the coin as if the the coin had been counter stamped in the sime time period, give or take a few decades, to when it had been struck. As a learning experience I thought why not call NGC and find out why it came back as ungraded. I called NGC and was told "we don't grade merchant counter stamps anymore" so the mystery was once again reopened. I could have left it there but the collection seemed consistently genuine and I thought it was wortk a mulligan if you will, so I sent the coin to PCGS (after first confirming that they grade these coins!). I waited 5 weeks and eventually got an e-mail from PCGS.....they were unable to say if it was genuine so they sent it back to us by FedEx and refunded out grading fees. So here I am 4 months after first getting this coin on my desk still non the wiser, as I am green I didn't really know enough about all the resources out there from avid collectors until one of my customers suggested this would be a great way to further my knowledge so I thought why not. I suppose my question is what do you guys think, I know what this coin is supposed to be, I know it is fairly rare but how do I know what it really is and what value is there in this coin either way. I am at your mercy, please be kind and I have one suggestion for myself already, make my threads a little shorter (sorry I wanted you to know my train of thought as to why I feel this coin has a chance of being genuine).[ATTACH]187244.vB[/ATTACH][ATTACH]187245.vB[/ATTACH][ATTACH]187246.vB[/ATTACH][ATTACH]187247.vB[/ATTACH][/QUOTE]
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