Mexico 8 Reales 1784 FM Charles III of Spain. XF-AU (scratches!)

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1784, Mexico, Charles III. Silver 8 Reales Coin.

Mint Year: 1784
Denomination: 8 Reales
Reference: 1775-MoFM, KM-106.2.
Mint Place: Central mint, Mexico City (Mo)
Condition: Thick scratches on the King´s cheek, scattered hairlines and minor deposits, otherwise a nice AU!
Material: Silver (.903)
Weight: 27.02gm
Diameter: 38mm

Obverse: Laureate, draped, and cuirassed profile bust of Charles III with roman armor right.
Legend: CAROLUS . III . DEI . GRATIA . 1784 .

Reverse: Crowned Spanish* arms between the Pillars of Hercules adorned with PLVS VLTRA motto.
Legend: . HISPAN[IARUM] . ET IND[IARUM] . REX . Mo[Mexico Monogram] . 8R [EALES] F.M. [Assayer Name]
Translation: "King of the Spains and the Indies, Mexico, 8 reales".



The Spanish dollar (also known as the piece of eight, the real de a ocho, or the eight real coin) is a silver coin, worth eight reales, that was minted in the Spanish Empire after a Spanish currency reform of 1497. It was legal tender in the United States until an Act of the United States Congress discontinued the practice in 1857. Through widespread use in Europe, the Americas and the Far East, it became the first world currency by the late 18th century. Many existing currencies, such as the Canadian dollar, United States dollar and the Chinese yuan, as well as currencies in Latin America and the Philippines peso were initially based on the Spanish dollar and other 8 reales coins.



Charles III (January 20, 1716 – December 14, 1788) was King of Spain 1759–88 (as Carlos III), King of Naples and Sicily 1735–59 (as Carlo VII and Carlo V), and Duke of Parma 1732–35 (as Carlo I). He was a proponent of enlightened absolutism.

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