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Spanish Silver 1783 Mexico Ngc Slabbed With - 2 Reale - El Cazador Shipwreck

Spanish Silver 1783 Mexico Ngc Slabbed With - 2 Reale - El Cazador Shipwreck Mexico photo   Category : Coins: World > North & Central America > Mexico > Colonial (up to 1821)
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Spanish Silver 1783 Mexico Ngc Slabbed With - 2 Reale - El Cazador Shipwreck Mexico photo 1Spanish Silver 1783 Mexico Ngc Slabbed With - 2 Reale - El Cazador Shipwreck Mexico photo 2


    

Numismatic data and valuation estimates provided by alice1725 (Feb 18, 2013)
        
Item Information
Category : Coins: World > North & Central America > Mexico > Colonial (up to 1821)Id number: 90185
Estimated value: around 200 USD
More info
OBVERSEARMORED BUST OF CHARLES III FACING RIGHT
REVERSECROWNED SHIELD FLANKED BY PILLARS WITH BANNER
METALSILVER
When freshly minted, there is on the obverse King Carolus III of Spain (1759-1788)
The first United States legal tender Silver Dollar was minted, not here, but in Mexico City
It was the Eight Reales, the "Pieces of Eight," whose scrolls on its obverse were the origin of the American dollar sign
The Eight Reales was the Largest and Heaviest Silver Coin minted for over 200 years, actually bigger and heavier than the Morgan Silver Dollar
The ribbon-wrapped columns sculpted on the coins' reverse inspired the American dollar sign
When freshly minted and all the details visible, there is on the obverse a portrait of King Carolus III of Spain (1759–1788) and the words "DEI GRATIA" (By the Grace of God)
Below the portrait is the coin’s year of mintage
The reverse read HISPN
REX (King of Spain and the Indies) followed by the Mexico City mintmark, the denomination 8R (8 Reales) and the assayer’s initials at the time of minting
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