Coin and Paper Money Collecting/Spanish Coin

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Question
Hello Brad,

A co-worker brought a Spanish coin to me recently asking what kind of value I thought it might have.  

I found a comparable description and an answer from you to another person, but this coin is slightly different.  If the description looks familiar, I stole their description and modified it to describe this coin...

It is a Spanish coin where the head of the coin depicts a large nosed male in toga style dress with the following wording DEI.GRATIA.1789.CAROLUS.III.'

The flip side of the coin appears to be a coat of arms divided into 4 sections: 2 castles and 2 lions with three arrows pointing up in the center, a crown at the top and 2 pillars, 1 at each side of the coat of arms.  The inscription reads '.HISPAN.ETIND.REX.o over M.2R.F.M.'

It is well worn, to the point that, of the 3 arrows, only one is really distinguishable.  Almost all the lettering on the reverse is readable.  There is no detail visible on the bust on the obverse.  I would grade a U.S. coin as AG in this condition.

Thanks for taking the time to answer....

Michael

Answer
Hi Michael, it seems to be a Spanish Mexican 2 Reales coin. It contains .1949 of an ounce of silver and it may be worth about $5 with that amount of wear.
You might also try a library for a copy of the Standard Catalog of World Coins for pictures, values and lots more interesting info.
Brad

Coin and Paper Money Collecting

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Brad Swain

Expertise

I have been a World Coin and Paper Money collector since about 1965. I will be glad to answer any questions you may have on World coins or currency, tokens, unusual or unknown pieces and attempt to give you estimates of value and historical information about them in a polite and prompt manner.

Experience

45 years collecting coins and paper money.

Education/Credentials
BA History, BA Geography - Virginia Tech

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