Mexico-Mo Silver 8 Reales Charles III Shipwreck Effect
Mexico-Mo Silver 8 Reales Charles III Shipwreck Effect
This silver 8 Reales coin, minted in Mexico City, bears the physical markings of a long journey beneath the ocean waves. Struck from 0.903 fine silver with a precious metal weight of 0.7859 troy ounces, the piece features the right-facing portrait of the Spanish monarch Charles III on its obverse. The reverse displays the crowned Spanish coat of arms flanked by the iconic Pillars of Hercules, a design that came to define global commerce in its era. What makes this specific coin particularly intriguing is its surface texture, which exhibits the distinct visual effects of sea salvage. Experts believe this piece was likely recovered from the famous wreckage of the El Cazador. Decades spent resting on the ocean floor have left their mark on the silver, giving it a unique character that connects modern observers directly to the perils of historical maritime transit.
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 |
|---|---|
| Mint mark | Mo - Mexico City |
| Grade | Genuine |
| Legal-tender face value | 8 Reales |
| Metal | Silver |
| Weight | 0.7859 troy oz |
| Purity | .903 |
| Diameter | 39 mm |
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