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QUESTION: I have a 1783 Dei Gratia coin, Carolus III, the back says Hispan Et Ind Rex, It has an M with a circle above the M, 8R F.F
Wanting to know the history and what it is worth, I acquired it from my dad when he passed away!
ANSWER: Hi cathy,
Sounds to me to be a like a gold 6 reales coin. If it is genuine, it would be worth between $600 and $800
Regards
Joe Hylas
www.AllCoins.US
---------- FOLLOW-UP ----------
QUESTION: It is silver and I have photos of it, it is in great shape and has clear markings! Do you know the history and what it is worth?
)
OK, Got it. It is an 8 reales coin from Mexico. The tell tale is the M with the small O over it. That is the symbol for Mexico City. These are called Pillar Dollars due to the design on the back of the 2 pillars and the shield and crown.
These were some of the first circulating coins in the US.
The catalog value for a coin in excellent condition is $135.
Regards
Joe Hylas
www.AllCoins.US
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Answers by Expert:
Joe Hylas
Expertise
Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.
Experience
Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US
Organizations
PCGS, NGC, Rotary
Publications
Physician's Money Digest
Education/Credentials
Bachelor's Degree in Business Administration
Awards and Honors
Paul Harris Fellow
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