Mexico Silver 8 Reales Cap & Rays XF (ASW .7859 oz)
Mexico Silver 8 Reales Cap & Rays XF (ASW .7859 oz)
Struck during a long era spanning from 1823 to 1897, the Mexican 8 Reales silver coin is a remarkable example of early republican coinage. These pieces, composed of 0.903 fine silver, contain 0.7859 troy ounces of pure precious metal. Because they were produced over many decades, individual specimens will display varying dates and different mint marks representing the diverse minting facilities operating across Mexico during the nineteenth century. The obverse of the coin displays the traditional Mexican national coat of arms. This powerful emblem depicts a majestic eagle perched atop a cactus, holding a snake in its beak. This image serves as a central symbol of Mexican identity and heritage, rendered in fine detail. On the reverse, the central focus is a brilliant Phrygian cap, a traditional symbol of freedom, which emits sharp rays of light. The cap itself is inscribed with the word "Libertad." Surrounding this central motif, the coin's inscriptions detail its face value of 8 Reales, the specific mint mark, the year of manufacture, the initials of the assayer, and the silver purity, which is officially measured at 0.9028 fine.
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 | Extra Fine |
| 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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