8 Reales - Charles I ND (1538) front 8 Reales - Charles I ND (1538) back
8 Reales - Charles I ND (1538) photo

8 Reales - Charles I ND

1538 year
Silver (.850) 27.18 g 38 mm
Description
Issuer
New Spain (Mexico)
King
Charles I (1535-1556)
Type
Standard circulation coin
Year
1538
Value
8 Reales
Currency
Real (1535-1897)
Composition
Silver (.850)
Weight
27.18 g
Diameter
38 mm
Shape
Round (irregular)
Technique
Hammered
Demonetized
Yes
Updated
2024-10-06
References
Numista
N#118386
Rarity index
97%

Reverse

Crowned columns with assayer's mark (R) below and small cross at the top in place of the denomination.

Script: Latin

Lettering:
PLVS
:ℵ:hISPANIE:ℵ:ET:ℵ:INDIARVM:RE

Engraver: Anton de Vides

Comment

Assayer: Francisco del Rincón
Note: The ℵ symbol in the legends above is an approximation of the symbol used on the coin.

This was the first crown-sized coin in the New World. There are three known examples salvaged from a shipwreck in 2000. The coins were too difficult to produce due to their size, so they were only minted a short time.

Interesting fact

One interesting fact about the 8 Reales coin from New Spain (Mexico) is that it was used as a form of currency in the 16th century to facilitate trade between Mexico and other Spanish colonies, as well as with other countries. Its silver content and standardized design made it a reliable and widely accepted form of payment, and it played an important role in the early global economy.