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Some Nice Toned Mexican 8 Reales
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<p>[QUOTE="giorgio11, post: 2976144, member: 17094"][ATTACH=full]731287[/ATTACH] </p><p><br /></p><p>This is an 1875-Ga (Guadalajara) MC 8 Reales, certified MS64 by our hosts, Pop 1 in this grade with none finer. Another piece with strictly original surfaces, just the way I like them. I have seen so many 8 Reales with washed-out surfaces that look like they have been dipped repeatedly, just like many Morgan dollars. I wonder how similar the two countries' series histories are, given that Morgan dollars were struck only starting in 1878, while the Cap and Rays 8 Reales came to life more than a half-century earlier ... Still, it is clear that there were immense quantities of gold and silver washing around Mexico far earlier than in the United States ... Were these coins stored in bags in banks and shipped around internationally, first under Spain, then under Mexico, like Seated and Morgan dollars were, and their gold counterparts? I wonder how many 8 Reales were struck compared to the vast quantities of Morgans. It certainly appears that the earlier 8 Reales dates from some scarce mints are seen far less often than the later ... Given how long the series is overall from 1823–1897 (I think the PCGS Registry Set contains over 1100 coins), I have seen relatively few mintage figures.</p><p><br /></p><p>So many questions, so little time!</p><p><br /></p><p>Kind regards,</p><p><br /></p><p>George[/QUOTE]</p><p><br /></p>
[QUOTE="giorgio11, post: 2976144, member: 17094"][ATTACH=full]731287[/ATTACH] This is an 1875-Ga (Guadalajara) MC 8 Reales, certified MS64 by our hosts, Pop 1 in this grade with none finer. Another piece with strictly original surfaces, just the way I like them. I have seen so many 8 Reales with washed-out surfaces that look like they have been dipped repeatedly, just like many Morgan dollars. I wonder how similar the two countries' series histories are, given that Morgan dollars were struck only starting in 1878, while the Cap and Rays 8 Reales came to life more than a half-century earlier ... Still, it is clear that there were immense quantities of gold and silver washing around Mexico far earlier than in the United States ... Were these coins stored in bags in banks and shipped around internationally, first under Spain, then under Mexico, like Seated and Morgan dollars were, and their gold counterparts? I wonder how many 8 Reales were struck compared to the vast quantities of Morgans. It certainly appears that the earlier 8 Reales dates from some scarce mints are seen far less often than the later ... Given how long the series is overall from 1823–1897 (I think the PCGS Registry Set contains over 1100 coins), I have seen relatively few mintage figures. So many questions, so little time! Kind regards, George[/QUOTE]
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Some Nice Toned Mexican 8 Reales
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