This was also in the luck day lot. I believe it is Spanish copper of somekind. Measures 21.30 mm diameter. I will also post more photos in the other thread from this great purchase. Thanks Tom
Its a Spanish-Philippines Quarto, I believe. A rather nice example of a notoriously poorly struck series, too. Can't say more, I'm afraid - I'm away from all of my references.
=) What would the value in Krause be? What were the mintages? What mint was she struck at? Thanks Tom
As Ardatirion says, its a quarto from the Philippines, KM#7. Manila mint (M), mintages not listed, valued at $10 in VG. Interesting coin.
I disagree with the Krause prices, I think that one could push higher than $30. Like I said, they're very poorly struck - an MS piece could look worse than VG! Also, the 2nd image is upside down. And did you notice that the thing on the obverse is supposed to be a lion?
Yes I did, this is a very neat piece and I thank you guys for your help. I will be listing it on ebay soon. Thanks Tom
Philippines 1828 Quarto This quarto was issued in Manila under Ferdinand VII. The reverse (pictured upside down) is the shield of Manila. "Ferd VII" is readable, beginning clockwise at the flan crack (7 o’clock). Obverse is the "Lion of Spain" rampant over the two hemispheres of the globe. The year 1828 was notable in that the Spaniards began counterstamping silver crowns in that year due to a growing economy and a shortage of circulating currency, of which this is an example of small change. There is a smaller denomination, an octavo, in the same series. The quartos were issued sporadically (not every year is documented) from roughly 1771 to 1835 (final year). They were produced in Manila, using locally acquired and formed copper flans , although 1798 varieties exist in brass, manufactured from recycled cast bells, due to a metals shortage. There is the wide variety of die types, including both reversed and upside-down letters and devices. The dies were reputed to be subcontracted to local metalworking firms, assumed to be Chinese, and therefore not well-versed in the English language. Some of the more unusual examples are die types that are mirror images, i.e. completely reversed when the coins where struck. Cracked flans are relatively common, as are off-centers, and partial strikes as these are, of course, hand-hammered coins. As noted by another poster, this is a fairly well-struck example, and it could go on EBay for $75 to $130, depending on who notices it.
