1668-1701 Mexico 8 Reales NGC VF Details
Item #CC-0861 | 1668-1701 Mexico 8 Reales NGC VF Details
Mint: Mexico City
Assayer: N/V
Ruler/Period: King Charles II
Grade: VF Details
For details and population on this coin from NGC, click on the serial number here: 2171115-001
Description: A very attractive Mexico 8 Reales struck in the later years of the 17th century. The obverse has a nearly complete shield with the 8 denomination, with a pleasant cross and castles/lions on the reverse. Many coins such as this were found on the 1715 Fleet wrecks along the eastern coast of Florida, so finding an example not off those wrecks is quite unique!
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
$675.00
