Spanish Maravedis?

[ted750]

Hi! First I better let everyone know I didn't find this..... (I wish.) I bought it at my local coin store about a month ago. The owner didn't really know what it was, so I bought it for 5 dollars because I thought it looked like a Maravedis. I've tried a bit to ID it, but can't quite find an exact match, and since I knew there are many people on Treasurenet knowledgeable about Spanish coins, I figured I would post it here. Can anybody venture a guess? (Or preferably a positive ID! ) I really appreciate any help. At this point I don't even know if it's real.
Thanks in advance! And happy hunting! Get in as much as you can before the ground freezes!
- Teddy

P.S. Sorry for the junky pictures! I'm stuck with my iPhone as camera for the moment.

EDIT: I've been researching, and it looks like it might be a Ferdinand and Isabella Maravedis, struck in or for the colony of Santo Domingo after Columbus discovered the new world. I dunno?

 

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[Moe (fl)]

Ted750,

The coin looks like a 2-maravedi from the Catholic Kings Ferdinand and Isabella.

The legend should say:
FERNANDVS ET ELISABET DG
REX ET REGINA CASTE LEGIO ARAGO

The crowned letters are FY (Ferdinand and Ysabella).
The other side is a crowned F (Ferdinand) between two B (Burgos mint).

These coins were minted for Santo Domingo (Dominican Republic) between 1505 and 1531.

What is the diameter of the coin in mm? The 2-maravedi is about 23mm.

Nice find!

HH!
Moe

 

[ted750]

That's it! Wonderful, thank you!
Any idea of it's worth?
I would hope more than 5 bucks?

Thank you again!

- Teddy

 

[Mackaydon]

Great ID Moe!!
Pic is second coin down on this page:
http://www.maravedis.net/rrcc_santo_domingo.html
Don.....

 

[Moe (fl)]

Ted750,

I think $5 sounds about right. It could be worth more, but no less.

HH!

Moe

 

[ted750]

Thanks for the help!

 

[Micmac654]

Hello, New here and how are you? Do you want to sell this coin by any chance? I would offer you a good price for sure. Ok, Please let me know and Have A Great Sunday, David

 

[Mackaydon]

Micmac654
Sorry, one needs to be a Charter Member to sell on T-Net.
Don.....

 

[coachbedford]

maybe not worth hundreds and hundreds of dollars but most DEFINITELY worth way more than five bucks! Especially since your coin is the earliest version of the Spanish San Domingo coppers meaning they are the first TRUE New World coins--- not struck IN the New World but struck FOR the New World.

Incidentally, I see a lot of confusion out there over the status of the San Domingo coppers vs the Mexico City silver reales being the first true New World coins. If you mean the first coins STRUCK in the New World, that title goes to the silver coins of Mexico City (c. 1530's). But as mentioned before, if you mean the first coins struck FOR the New World, it would be the San Domingo coppers of your type. A lot of collectors and dealers make the mistake of attributing the LATER Santo Domingo Coppers (1540s to 1570s and these are the much more commonly seen types) as being the first New World coins. Actually these later San Domingo coppers were struck IN the Americas (San Domingo) but were struck after the Mexico City silver.