(Feb 18, 2013)
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OBVERSE | ARMORED BUST OF CHARLES III FACING RIGHT | REVERSE | CROWNED SHIELD FLANKED BY PILLARS WITH BANNER | METAL | SILVER | 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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