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About zapdbf

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  1. The age of a coin has little bearing on its numismatic value, if you look at old roman coins, you can still get several types for very low price, because so many were made. Allot of U.S. coins fall into this catagory.
  2. This is a nice coin blog website, tell me what you think it has only been up for a week still working on content. www.numismaticblog.com Thanks
  3. I got one from e-bay for 15.00 including shipping, it's resolution is (.1) grams but for me it was pretty good.
  4. zapdbf

    Old Coins

    You need more details, Mintmark, grade. You need to grade the coin and know the mint to get some idea of it's worth. That is the very minimum "Basics" to get anyone to speculate as to a price. if you provide a good picture someone should be able to help you grade them. If you pick up a red book, they will have basic grading guidelines for each type of coin.
  5. I looked up the price in coin world, in f-12 it is worth 90 and in vf-20 500.00 But if i were him (thank goodness i am not) i would be breaking it out of that holder. That would be embarrassing to show someone that coin in that holder.
  6. I was able to verify everything else, i also discovered the mexico mint's mint mark is Mo, i am finding spanish milled for around $75-$300 . on e-bay for au quality closer to the 300 range, does this seem reasonable i know date and rarity has allot to do with it but it seems what i would call avrage dateed higher grade is around $300. on ebay.
  7. Quote "As for the saying, it has little to do with cutting the coins into pieces. The milled coins were issued in 1/2 reale, 1 reale, 2 reales, 4 reales & 8 reales denominations. Two bits, was a 2 reales coin. One bit was a 1 reale and so on. The term bit or bits was merely a colloquialism that came into use for the sake of convenience. " Ok this is how i got the two bits definition - "The peso, or dollar, then had eight reales in it, and they became known as "pieces of eight." As in pirate movies, huh? These reales were often cut into quarters or "eight bits," to make change for small purchases or transactions. "Two bits" then, became a quarter U.S. Before the American Revolution" Read whole thing at http://www.gold-eagle.com/gold_digest_05/stott070705.html
  8. i got some bad info then, because one of the articles i read about cobs, mentioned that the reason most of them had a cross like relief was so it could be used as a marker for cutting the cob. I know the cobs are not balanced correctly, and that did raise concern when i read that article if i find it again i will post a link to it. This part of us coin history is very fascinating i appreciate all the comments. Does anyone know of any articles dealing with this subject. Before i create this display i want to make absolutely sure i have my facts correct! In all the articles that i have read none of them dealt directly with what particular Spanish coinage circulated the most in the colonies, and i know that coins from most all countries were circulated in the colonies but the Spanish coinage was the one we (according to what i have read) used the most. I have allot of questions regarding this time period i will post more tonight. .
  9. "For the time period you mention the Spanish colonial coins that circulated widely in North America were the milled versions, not the cobs. Yes some cobs did still circulate by then but only a few. The milled coins were in wide use in all denominations from 1/2 reale to 8 reales." That is interesting, when were the cobs popular in the colonies? One of the old sayings "A shave and a Hair cut Two Bits" refers to (From my research) comes from the time when the cobs were cut into either four or eight pieces to be used to pay for services less then 8 Reales. I am researching this for a display at our local Library. -- So did spanish milled dollars get cut into pieces or just the cobs, if it was just the cobs, then how far back does that saying go -- i wonder. "The grading system you mention is used by salvage companies to describe the condition of the coin for sale. It is not used by anyone else." So what you are saying in this case is that the grading (using numbers) has no basis at all and cannot be translated into a real grade. -- That makes life interesting when trying to purchace on line.
  10. Does anyone know about colonial Mexican "cob" coins ie 8 reales .. ect. I normally collect only us coins but the cobs are apart of our history too. What i want to know is ; 1. What "cob" varieties circulated in colonial America during the late 1700's to early 1800's 2. I am having trouble grasping the grading system, they use simple number ranking as 1 - 6 or more i guess. 3. Anyone know where a price guide exists ? I am looking to purchase a specimen for my collection but my knowledge on collecting this kind of coin is very limited any help would be appreciated. .
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