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 Replies: 9 / Views: 1,626 |
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Pillar of the Community
United States
1911 Posts |
Hi all, so my used 7070 album has glued over where I believe the first type of Seated dollar would be. My question would be (since I have no knowledge of 8 Reales other than they were what US coinage was first based off of) which 8 Reales would you put in it? A quick ebay search showed a number of different looking 8 Reales silver coins ranging from $60-300. I will definitely do more of my own research before I ever buy one, but any tips about which type/year would be worthy of being in that first dollar slot? |
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Bedrock of the Community
United States
17884 Posts |
I'm not sure but I believe an 8 reales is a little larger in diameter than a standard silver dollar.
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Rest in Peace
United States
10625 Posts |
You will want to present images of coins you are considering on the world coins forum.
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Pillar of the Community
Germany
1849 Posts |
The Red Book has some discussion about the first crown-sized coins which circulated widely in Colonial America. These were primarily Spanish Colonial 8 reales, most likely those struck in the Mexico City mint (Mintmark Mo). The early types (Dos Mundos) are very appealing coin. The Coins that Followed are the so-called Pillar types minted in Mexico City (as well as many other Spanish Colonial mints) under Charles III, Charles IV and Ferdinand VI of Spain. Either these would be a good candidate imo to put in your set. Price-wise the Dow Mundos types are generally more pricey than the Pillar types. An interesting pillar date would be those dated 1776, but probably any date is good and did most probably circulate in America. These are pictures of both types:   |
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Pillar of the Community
 United States
1911 Posts |
Ah ok thank you for a little background on them, German! And these 8 Reales, are they the same as Pieces of Eight? I believe they are but just wanted to make sure. And yes I would not be surprised if they are a little bigger than the other U.S. dollars, as the hole for it in my album seems a little bent/frayed around the edge like something that was slightly bigger was pushed in there.
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Valued Member
United States
123 Posts |
What great-looking coins! & I can see the logic in including them in a U.S. type set.
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Pillar of the Community
United States
4416 Posts |
Now that I think about it, an entire page in the 7070 would be justified for housing all denominations of Spanish coins that circulated throughout the U.S., during most of the nineteenth century. These Spanish pieces were quite popular as host coins for U.S. merchant counterstamps.
Mister Kairu ... If you can locate an 8 reale piece with a U.S. merchant counterstamp, that would evidence its' having circulated stateside.
Edited by ExoGuy
09/29/2015 6:26 pm
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Pillar of the Community
United States
1304 Posts |
As an aside, I don't think the U.S. demonetized Spanish coins until 1857, so why stop with the 8 reale!?
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Pillar of the Community
United States
4416 Posts |
Quote:
I don't think the U.S. demonetized Spanish coins until 1857, so why stop with the 8 reale!? Quite true. Indeed, silver and gold coins from Europe and elsewhere continued to circulate and be worth their weight in the U.S. and territories. Well past the 1857 law, merchants continued to use "Reckoners" which were booklets that pictured world coins and helped them calculate the exchange rate. Still, the Spanish coins were by far the most often then seen in circulation. Edited by ExoGuy
09/29/2015 8:39 pm
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Pillar of the Community
United States
1911 Posts |
Wow yeah that does make sense and I never thought that it would include all those different Spanish coins. It does sound like a good idea making one of the earlier dollar holes into a piece of eight give it a little more history to it all. Thanks all!
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Replies: 9 / Views: 1,626 |
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Posted 09/29/2015 07:22 am
