Spanish Colonial Mexico 1770 8 Reales, Scarce 1770/60 Overdate

Spanish Colonial Mexico 1770 8 Reales, Scarce 1770/60 Overdate

$335.00

An original Choice Very Fine example. Certified PCGS VF-30, claims to a higher surface preservation, the grade "net" reduced by the presence of a natural planchet flaw at the date. This appears to be an obvious Overdate, with the strong remnant of an underlying "6" showing to the left of the stand of the second "7", as shown in our enlarged image. Other knowledgeable dealers I have shown this to are somewhat split as to their opinions, commonly due to the flaw. This was not submitted to PCGS with a request for attribution, as the original submitter apparently did not notice, so they have not weighed in on the matter. PCGS did not bother to mention this simply as they were not paid to do so, or did not notice either (PCGS will not seemingly do anything unless paid the extra attribution fee). Regardless a very pleasing and natural looking coin, with attractive surfaces. Very difficult to price as few trades available to compare to. Given the originality and surfaces of this piece, regardless of the planchet flaw, and the fact that it is in a PCGS holder, we feel that our asking price is reasonable.

PCGS 670024.30/35424470

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