Counterfeits Mexico-Philip V Of Spain 8-Reals Pillar Dollar 1741.
This assignment was given by Lunaticg, "ordering" me to do a research on "How To Detect A Counterfeits VTRAQUE VNUM/ Pillar Dollar".
An old coin Mexico -Philip V of Spanish 8 Reals coin also known as Pillar Dollar. It depicts on one side the Pillars Of Hercules,the local Malay called it the Ringgit Meriam (Cannon Dollar) because the Pillars Of Hercules were mistaken for cannons.
This is one of a series struck 1732-47 during the reign of Philip V (1700-46). There is a rare overdate, 1741/31. The coin is otherwise common. Mexican numismatists hotly debate which side of the coin constitutes the obverse. However, auction catalogs and dealer listings more frequently use the pillars and globes side as the obverse, as that side bears the date.
Recorded mintage: unknown.
Specification: 27.07 grams, .917 fine silver, .798 troy oz ASW.
The Counterfeits VTRAQUE VNUM/ Pillar Dollar
Outwardly this coin looks like a real pillar dollar. Probably it made from alloyed of metals, which contained silver. It rings like silver. Its details are not sharp, the surface is full of tiny sand holes,porous.
It suppose to have a delicate yellow patina, which usually is generated on low-silver alloys, but became silvery bright after cleaned.
I have recognized it is a fake Pillar Dollar, when I felt its weight, it was significantly lighter (19.01gm). Next, I saw that its edge differs from common reales floral edges or the Laurel Leaf Design edge. Its edge was like the edge of Malaysia milled edge coins. You can see on the picture that the rim of the coin is higher than the surface/fields. That suggests that the edge was made later then/after the surface was minted.