What happened to this coin?

Discussion in 'Coin Chat' started by Denis Richard, Jan 13, 2025.

  1. Denis Richard

    Denis Richard Well-Known Member

    An 1803-FT Silver 8 Reales, minted at Casa de Moneda de México, Mexico City, Mexico. This is more than just several countermarks. Looks like a test piece for something but I'm not sure what.

    Anyone seen anything like this before?

    1803-Carlos IIII.jpg
     
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  3. chrissy1955

    chrissy1955 Member

    Chop marks. Coins in China were marked by merchants with their respective stamp. A lot of trade Dollars have them as well. I guess it was a way of authenticating the coin.
     
  4. Denis Richard

    Denis Richard Well-Known Member

    ok.. thank you very much. I didn't have to look very far to find this;

    Starting in the 18th century, several European, American, and Japanese silver coins (generically known as the trade dollar) began circulating in the Far East. Each merchant's firm had its mark, and after heavy circulation, the chop marks completely obliterated the coin's design.
     
    Last edited: Jan 13, 2025
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  5. derkerlegand

    derkerlegand Well-Known Member

  6. Denis Richard

    Denis Richard Well-Known Member

    Me too. At first, I thought it was some scrap silver coin (though it didn't look scrap) used to test different punches. It seemed so haphazard. Now that I know what it is, I have a new appreciation for it.
     
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  7. lordmarcovan

    lordmarcovan 48-year collector Moderator

    Cool chopmarks.
     
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  8. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

    The more widely it circulated in China, the more wear and chop marks it acquired. There are some truly abysmal specimens.
     
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