1749 Philip 8 Reale

[GeminiTattoo]

Hey there,

My mother was going through my Dad's old stuff and found this coin. It has a hole drilled at the top with a keychain through it, but as far as I can 'see', the coin looks pretty real? I honestly have no idea and since I've enjoyed this site for years and have seen exactly how much you all know about things like this, I thought I'd post it and see what feedback you might have. Mostly I just want to know if it's real (which maybe you won't be able to tell just from a picture?) and if it's real, what it might be worth?

Thanks!
Amanda

 

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[allen_idaho]

You got the year wrong. It is a 1745 Mexican 8 Reale silver piece. In 1749, the name on the coin would have been Ferdinand rather than Philip.

The coin itself looks to be real. Just tinged with age. It should be about 39mm in diameter and composed of 0.798 troy ounces of silver. In such a worn condition, these coins are usually valued at around $100. But with a hole in it, I have no idea what the value would be.

 

[GeminiTattoo]

Thanks for the info. Can anyone tell me what the "2" means at the 3 o'clock spot on the coin front (it's at 9 o'clock in the picture since the coin is upside down? It's much more raised than any of the other text on the coin and it seems to be 'upside down' in relation to the alignment of the rest of the coin/text. I was just curious what that could be about.

Amanda

 

[austin]

Take it to a good coin shop and ask them. They are the experts and can give you the answers...

 

[Mackaydon]

Both images are upside down.
Are you referring to the coin on the left or right?
I see no "2" in either.
Don........

 

[Diver_Down]

The obverse side would the one with the date and pillars. Based on your 9 o'clock position, the "2" that you see is part of the "M" in VNUM. Understand the Spanish used V's and U's interchangeably so the phrase VTRAQUE VNUM stands for (utra que unum) which means "Both are one" and refer to the two hemispheres.

By the way, Allen had it right with the date and the rest of the information. Pillar dollars are still desirable even with a hole. It was obviously a sea-salvaged piece before ending up as a key chain. If you knew of the provenance of the piece, it would make it much more valuable. Without it, it should still be worth $75 -$100.

First thing is to take the horrid key chain hardware off the coin.

 

[Mackaydon]

Second thing you might consider is placing either a silver or gold bezel around the coin.

 

[GeminiTattoo]

I had some trouble adding photos to this thread, so I wanted to share the link instead. (I'm a poet and I don't even know it )

CoinFront | Flickr - Photo Sharing!

This picture shows the "2" really clearly, although maybe it's not a "2" at all and just a extra piece of silver? It definitely doesn't look like it's actually part of the coin at all, but rather something on top of the coin.

Thanks again for all the help

 

[Jason in Enid]

You need to take MUCH better pics, with stronger lighting if you want answers. Take a picture of the edge of the coin, as close as you can get and still be clear.

 

[Mackaydon]

I see the "2" you are referring to. To these eyes it appears to parts from the damaged letter "M" in VNUM (as Diver_Down mentioned in #6, above) coincidentally arranged to appear as the number '2'; though I don't see it on your original pic.
Don.....