1621-65 Potosi 8 Reales PCGS VF25 – Second Finest Known
Item #CC-0857 | 1621-65 Potosi 8 Reales PCGS VF25 – Second Finest Known
Mint: Potosi, Bolivia
Assayer: P
Ruler/Period: King Philip IV
Grade: VF 25
For details and population on this coin from PCGS, click on the serial number here: 59809600
Description: A very attractive example of an 8 reales struck in Potosi from the mid-17th century. With a nearly full shield and an exquisite reverse, this coin is exactly what you are looking for in this type. Very little wear, a slight double strike on the reverse, and overall wonderful patina, this coin is a choice example.
Beginning in the early 16th century, the Spanish Empire emerged as the world’s dominant global power, fueled by vast silver and gold resources from the Americas. To manage this wealth, Spain established major colonial mints, starting with the Mexico City Mint in 1535, followed by others such as Lima and Potosí. Early Spanish coins were hand-struck silver cobs, including the famous 8 reales, which became the first truly global currency, circulating throughout Europe, the Americas, Africa, and Asia. By the late 17th and 18th centuries, Spain transitioned to milled coinage with more precise designs to combat fraud and debasement. Spanish imperial coinage not only financed wars and trade but also shaped the foundations of the modern global monetary system.
In stock
$850.00
