1732-1771 Mexico Silver 8 Reales "Pillar Dollar" Cull
Numismatic
1732-1771 Mexico Silver 8 Reales "Pillar Dollar" Cull
Struck at the historic Casa de Moneda de Mexico, these silver 8 Reales coins represent a fascinating era of global commerce. Issued between 1732 and 1771, each piece contains 0.798 ounces of silver with a purity of 0.917. These historic specimens were minted during the successive reigns of Spanish monarchs Philip V, Ferdinand VI, or Charles III, serving as a trusted medium of exchange across oceans and continents. The design of this coinage is both intricate and symbolic. The obverse displays a crowned royal coat of arms, which is flanked by the denomination of the coin. On the reverse, two crowned hemispheres of the earth rest between the crowned Pillars of Hercules, representing the Old and New Worlds, with the year of minting displayed below. This iconic imagery earned the coin its famous nickname, the Pillar Dollar.
Fair market value
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Prices shown are estimated fair market values based on live spot prices and typical dealer ask premiums. They are provided for informational purposes only and are not an offer to buy or sell. The price a dealer will pay for an item (bid) is typically 10–20% below the values shown, depending on the item, its condition, and current market conditions.
Specifications
| Country | Mexico |
|---|---|
| Grade | Cull |
| Legal-tender face value | 8 Reales |
| Metal | Silver |
| Weight | 0.7980 troy oz |
| Purity | .917 |
| Diameter | 39 mm |
| Thickness | 2.6 mm |
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