1794 Mexico 8 Reales – Charles IV – Portrait Dollar – .903 Silver View Watchlist >
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Lot # HK305
System ID # 24390461
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1794 Mexico 8 Reales – Charles IV – Portrait Dollar – .903 Silver
This listing offers a 1794 Spanish colonial 8 Reales, struck at the Mexico City Mint during the reign of King Charles IV. The obverse features the laureate bust of the monarch with the legend CAROLUS • IIII • DEI • GRATIA and the date below. The reverse displays the crowned Spanish arms between the Pillars of Hercules, draped with banners inscribed PLUS ULTRA, flanked by the mintmark “Mo” (Mexico City) and assayer’s initials “FM.”
The “Portrait Dollar” type replaced the earlier Pillar Dollar beginning in 1772, continuing the tradition of the 8 Reales as the world’s most widely used trade coin. Valued for its reliable weight and fineness, the 8 Reales circulated extensively across Europe, the Americas, and Asia, where it was often accepted with chop marks from local merchants. In the United States, these coins remained legal tender until 1857 and heavily influenced the design and name of the U.S. dollar.
Specifications:
- Issuing Country: Spain (Colonial Mexico)
- Year: 1794
- Mint: Mexico City (Mo)
- Denomination: 8 Reales
- Metal: 90.3% Silver, 9.7% Copper
- Actual Silver Weight: 0.785 troy oz
- Diameter: ~39 mm
- Edge: Reeded
- Ruler: Charles IV of Spain
- Assayer: FM (Francisco de la Peña, Manuel de la Peña)
CONDITION:
In circulated condition with heavy wear and surface abrasions. The portrait and shield are significantly smoothed, though legends and major design elements remain visible. Dark toning and uneven patina are present across both sides, consistent with long circulation and age. Please refer to the photos for a detailed condition assessment.
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Customer Guarantee
At Mesilla Valley Estate Sales, we take pride in the authenticity and quality of each item we offer. Here's our commitment to you:
- Authenticity Assurance: We guarantee the coins in this listing to be authentic, handpicked from pre-owned estate collections.
- Accurate Description: We guarantee that each coin is described accurately on our website. The metal type and purity are described accurately. We ensure thorough verification of these specifics before listing.
- Review at Pickup: You will have the opportunity to review your item during the designated pickup time. We encourage you to inspect your purchase to confirm that it matches the description provided. Please note, once you leave the property with the item, it is considered yours.
Please Note:
In the rare event of a typographical error in our listings, including gem descriptions and pricing, we reserve the right to correct such errors. If an item is sold based on incorrect information, we will provide a full refund to the buyer and adjust the product information accordingly.
Our guarantee aligns with our pickup policy, ensuring you have the opportunity to review your purchase at the designated pickup time and location. It's important to understand that once the item is picked up, the sale is final, and the item cannot be returned.
We believe that the coins you purchase will become cherished heirlooms, admired for generations.
