Mexico Silver 8 Reales Cap & Rays Chopmarked NGC
Numismatic
Mexico Silver 8 Reales Cap & Rays Chopmarked NGC
This Mexican silver coin represents a fascinating era of global commerce, serving as a trusted medium of exchange far beyond its country of origin. Minted in Mexico between 1823 and 1897, these 8 Reales pieces succeeded the Spanish Real and were eventually replaced by the Mexican Peso. The specimen carries a physical record of its travels in the form of chopmarks, which are distinct stamped characters applied by merchants in China or India to verify the silver's authenticity and weight during transactions. Crafted from 0.7859 troy ounces of silver with a purity of 0.903, the coin features the iconic Mexican coat of arms on its obverse, depicting an eagle perched on a cactus while devouring a snake. The reverse showcases a radiant Phrygian cap, a symbol of liberty, surrounded by the denomination, the mint mark, the year of issue, the assayer initials, and the metal composition. This specific piece has been officially certified as genuine with chopmarks, preserving its unique history as an international traveler.
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 | Genuine (NGC) |
| 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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