Mexico Silver 8 Reales Cap & Rays (Chopmark, ASW .7859 oz)
Mexico Silver 8 Reales Cap & Rays (Chopmark, ASW .7859 oz)
The Mexican 8 Reales silver coin is a legendary piece of global currency, minted between the years 1823 and 1897. Struck from 0.903 fine silver, each coin contains 0.7859 troy ounces of precious metal. These specific pieces carry a fascinating physical record of their travels in the form of chopmarks. These distinct stamps were punched into the silver by merchants to verify the coin's weight and authenticity as it passed through various hands in international commerce. On the obverse, the coin displays the traditional Mexican national coat of arms. The reverse is dominated by a striking Phrygian cap, a symbol of liberty, which radiates beams of light. Surrounding this central design is the inscription 'Libertad' alongside crucial details of the coin's origin, including the specific Mexican mint mark, the year of issue, the assayer's initials, and the traditional purity markings of 10 Ds. 20 Gs.
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 | Average Circulated |
| Legal-tender face value | 8 Reales |
| Metal | Silver |
| Weight | 0.7859 troy oz |
| Purity | .903 |
| Diameter | 39 mm |
| Thickness | 2.5 mm |
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