Home
Newsletter
About Us
Coins For Sale
Selling Your Coins
Rare Coin Archives
Coin Collecting
Investing in Coins
Coin Information
Coin Articles
/World Coins
Books, Loupes etc.
Link to Us
Links
Contact Us
   
  Search 
  Sign up for our free NewsLetter
  e-mail: 
  Sign Up 
 


 

 

 



 







World Coins

1745MO MF Mexico 8R Mexico NGC MS64
Please call: 1-941-291-2156
VIEW LARGER IMAGE
1745MO MF Mexico 8R
NGC MS64
Coin ID: RC32785
Inquire Price: 5,000.00 - SOLD - 1/27/2011*
Free Shipping and Insurance for coins at $10K or above.

1745 MO MF Mexico 8 Rreales (KM # 103) NGC MS64. Subdued mint luster and light toning characterize this mint state pillar dollar. The upper portion of the obverse is slightly darker than the rest but not unattractive. It shows shades of grey, tan, yellow, and a slight tint of purple. The reverse, toned a bit more evenly, also shows colors of grey, tan, and light yellow with touches of purple near the edge. The surfaces of the coin are free of distractions as would be expected for a mint state graded coin. Some adjustment marks are noted on the reverse, but these do not detract from the grade. The obverse strike is strong at the top and weaker at the globes and the date. The reverse is evenly well struck.

The obverse of this coin shows two hemispheres suspended above a sea. Above them is a crown representing Spains dominion over both worlds. These are flanked by the Pillars of Hercules, which represent the Strait of Gibraltar, gateway to the New World. Each pillar is has a small crown and bears a banner which, between them, reads PLUS VLTR[A], (more beyond). Beneath the sea is the coins date. On each side of the date are duplicate mintmarks. Inscribed around the periphery is the legend VTRAQUE VNUM (both are one). These various elements are separated by quatrefoils. The reverse of each coin shows the Spanish coat of arms. The assayers initials, MF, are to the left of the arms, the coins denomination in reales to the right. Around the obverse periphery is the kings name, PHILIP V, followed by the abbreviated legend DEI GRATIA HISPANIARUM ET INDIARUM REX (by the grace of God, king of Spain and the Indies).

In the United States these coins were legal tender up until the Civil War period. Milled Dollars had a powerful effect on the U.S. coinage system. Our dollar was based on the Spanish Milled Dollar and some of the slang expressions referring to this money still survive today. As an example, the 8 Reales piece was often cut into 8 "bits" to make change. Each bit was worth 12 1/2 cents (100 divided by 8). Though rapidly fading now, the expression 2 bits still refers to a quarter dollar.

Specifications: 27.0674 grams, 0.9170 Silver, 0.7980 ounces ASW.


We are interested in buying these rare coins/tokens/medals/currency. If you are interested in selling, raw or slabbed please offer to us and ask your price or once received we'll make our highest offer! Contact us here and tell us what you have to sell us.
** All buy it now coins availability must be confirmed via email or phone before purchase. Please contact us ( email ) for availability.
* Prices subject to change with no advance notice due to market or other reasons. Paypal fee may apply.

Don't see it here? Tell us what you want Click Here


BACK TO INDEX
US Rare Coin Investments © 2003 - U.S. Rare Coin Investments
TERMS  |  LEGAL  |  SITE MAP
 

Have a question? Contact us here

Have a friend who might be interested?
Inform them about us now!
Your E-mail: Your Name: Friend's E-mail: Friend's Name:
Send to a Friend