Spanish Coin?

[Gravedigger]

i found three of these one from 1791 one from 1799 and one from 1805

Heads side says Del Gratia Carolus IIII
Tails side says Hispan Et Ind Rex M 8R F M one says T instead of F M

I was just wondering what they are and of course how much they are worth

 

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[Bigcypresshunter]

Hmm thats pretty cool who knew you can learn so much by just looking at a coin

Thanks

I cant believe you found 3 of them. Go back there may be a lot more. Were you near the beach? Do u live in the Virgin Islands?

 

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[Gravedigger]

I was near the beach there is a sugar mill ruins that is famous on the island but if you look out from the top tower of there you will see a small island on that island was the old trade post where they traded the sugar and other things with the people who traveled through. No i do not live there i was visiting there and i am now back in the states

but i intend to go back soon asap

 

[RELICDUDE07]

I meant to say china,sorry any old trade post is a great place in my book to look..

 

[Gravedigger]

yeah it was a great spot but i had to leave... so i am planning a trip back

 

[ivan salis]

nice finds ---someone was trading with the far east thats for sure --those chop matks tell a story --as time went on and spain lost access to its silver mines due to problems with the locals and such --spain "watered down" the silver content in its coins (of couse they didn't "offically" tell the colonies that and the watered down money was "offically" to be used only overseas in the colonies) --but as always some found its way homeward (smuggled) back tro spain --its the sign of a failing economy / struggling country to "water down" its coinage to base worthless metals

 

[Bigcypresshunter]

--its the sign of a failing economy / struggling country to "water down" its coinage to base worthless metals

like our zinc pennies?

 

[ivan salis]

hell forget the zinc "pennies" how about our "new" zinc based president "DOLLAR" COINS? with all of 6 cents worth of metal value in them?

 

[Bigcypresshunter]

hell forget the zinc "pennies" how about our "new" zinc based president "DOLLAR" COINS? with all of 6 cents worth of metal value in them?

clad suks

 

[ivan salis]

heck at least "normal" clad has somewhat valuible copper heart in the "clad" dime / quarter ---these are dollar coins --- face valued at 4 to 10 X the worth of a clad quarter / dime yet its made only with a thinly coated plated "zinc" body ----not even copper in them.---the bottom is falling out of out our money, folks --the last time the US GOVT used zinc in our money was WW2 and then only for 1 year --the infamous 1943 zinc plated steel penny (cent)---their talking regular full time use of zinc based coinage now.--- look thru out history -- using zincbased coinage is the hallmark of a failing economy / struggling country---sad but true, ---Ivan

 

[Bigcypresshunter]

I didnt realize that the dollar coins were zinc clad. Pure crap. I cant understand why they cant even use copper on a US dollar?

 

[PBK]

I didnt realize that the dollar coins were zinc clad. Pure crap. I cant understand why they cant even use copper on a US dollar?

We seem to be drifting a bit off topic, since this thread is about a Spanish 8 reales; however, the composition of the new U.S. Presidents series dollars is the same as that of the Sacagawea dollars: 88.5% copper, 6% zinc, 3.5% manganese, and 2% nickel.
That's bad enough, but at 6% they're not exactly "zinc based"— yet.

 

[Gravedigger]

does anyone have anymore information about these coins because it seems that everyone has said what there is to know

Thanks

 

[ivan salis]

sorry didn't mean to drift off subject -- those are nice mexico mint made spanish 8 reale coins with asain market "chop marks" --the asains often were careful when dealing with "foreign" silver based money and checked its "purity" to insure they were indeed getting the proper silver % thats what the "chop" marks mean --they been checked or OKed ---( by the way the us silver dollar was based off the 8 reale spanish coin---the 8 reale coin was legal tender money in the usa for a long time by the way) --- the FM and TH were the assayers intials -- two assayers worked as a team --- to prevent "errors" ie under wieght or under % of silver in the coins --- your coins have a "milled" or reeded edge to prevent "shaving" where folks would scrap a bit of silver from the edge of the earlier cob type coins -- with 3 of these asain trade marked coins in the same general area either a trading post or if on a beach area a possible nearby ship wreck might be the source.

 

[Gravedigger]

thanks Ivan
I didn't know about the edges thats really cool