It seems the coin market is becoming divided between perfectly nice, attractive looking collector coins, and "investor coins" which have very high prices. Some very nice collector coins are selling inexpensively -- as of 2011.
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 Philip VI, Mexico, 8 reales, 1759 uncirculated (, New York, 19xx) |
Std. pillar dollar | |
 Charles III, Mexico, 2 reales, 1781 choice uncirculated but with die flaw on date (Alex Siegel, Houston, c. 1999) |
When I was young I acquired 2 of these 2 reales (1789 & 1801), both worn flat. Each one was less than a dollar so I wasn't too unhappy. I thought one day it'd be nice to see what they were supposed to look like. Thus when I grew up I bought some of 'em in mint state. In the 1990's they were still pretty cheap (but more than $1). |
2 bits |
 Charles III, Mexico, 8 reales, 1779 gem brilliant uncirculated (Alex Siegel: Houston, TX) |
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Charles IV, Mexico, 1 reale 1800 ms (Alex Siegel: Houston, TX) |
Charles 4th was not the world's fastest King. He got captured along with his wife, & heir to the throne: Ferdinand VII, when Napoleon Bonaparte invaded Spain. He then abdicated in 1808 in favor of his son Ferdinand VII. |
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Colonial Peru 8R, 1808, almost uncirculated (Stack's) |
Charles IV abdicated in favor of his son Ferdinand VII in 1808. Normally a transitional portrait would be used on the coinage: e.g. the
portrait of the previous King with the titles of the new King, at least until the countries could discover what the King looked like. See
the following    for an example. The Regency of Peru, however, decided to place a portrait of an obviously Peruvian Indian on their coinage with the title of Ferdinand VII. A different Peruvian Indian was used in 1809 & 1810 |
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Ferdinand VII, Armoured Bust One Reale 1809     uncirculated (Alex Siegel: Houston, TX) |
weight= 3.347 g Krause catalog wt= 3.38 g For Xmas I got a new digital weighing scale and will now be weighing all unslabbed coins. | |
Ferdinand VII, Draped Bust Two Reales 1821     uncirculated (Alex Siegel: Houston, TX) |
In this year (1821) a trusted Royalist Colonel, Augustin Iturbide, issued a plan or
proclamation of the "3 Guarantees", promising Independence for Mexico.
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Ferdinand VII, half reale 1824 ms, NGC-64 (Paul Kron: , FL) |
Next to the last year the colonial coins were issued. In this year (1824) the last major Spanish army was defeated
in the battle of Ayuchucho.
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