1754 Mexico 8 Reales – Ferdinand VI – Mo MM – NGC MS61 – Pillar Dollar View Watchlist >
- Winning Bid: $1,261.89
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- High Bidder: DangerousDave
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Lot # HK307
System ID # 24390999
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1754 Mexico 8 Reales – Ferdinand VI – Mo MM – NGC MS61 – Pillar Dollar
This offering features a 1754 Mexico City 8 Reales, struck under Ferdinand VI of Spain and known as the “Pillar Dollar” or “Piece of Eight.” These large silver coins were the world’s first truly global trade currency, circulating widely in the Americas, Europe, and Asia during the 18th century. Cataloged as KM#104.2, this variety is distinguished by the imperial crown over the left pillar on the reverse, a design change first seen in 1754.
This example is certified and encapsulated by NGC as MS61 View Certificate. Only 145 coins are graded at this level, with just 65 finer examples known, underscoring its rarity among surviving specimens.
Specifications:
- Issuing Country: Spain (Colonial Mexico)
- Year: 1754
- Mint: Mexico City (“Mo”)
- Assayer: MM
- Denomination: 8 Reales
- Metal: .917 Silver
- Weight: 27.067 g
- Actual Silver Weight: 0.798 troy oz
- Diameter: 38–40 mm (approx.)
- Edge: Reeded
- Ruler: Ferdinand VI (1746–1759)
- Reference: KM#104.2
CONDITION:
Graded Mint State 61 by NGC, this coin retains strong detail with visible luster and contact marks consistent with the assigned grade. Its encapsulation by NGC provides security, authenticity, and ensures lasting preservation. Please refer to the photos for a detailed condition assessment.
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