© Stacks Bowers
© Stacks Bowers
8 Reales - Luis I
| Silver (.931) | 27.0674 g | - |
| Issuer | New Spain (Mexico) |
|---|---|
| King | Louis I (1724) |
| Type | Standard circulation coin |
| Years | 1724-1725 |
| Value | 8 Reales |
| Currency | Real (1535-1897) |
| Composition | Silver (.931) |
| Weight | 27.0674 g |
| Shape | Round |
| Demonetized | Yes |
| Updated | 2024-10-06 |
| Numista | N#53669 |
|---|---|
| Rarity index | 95% |
Reverse
Spain coat of arms surrounded by colonial motto.
Script: Latin
Lettering: HISPANIARVM ET INDIARVM REX
Comment
NOTE: Struck on specially prepared round planchets usingwell centered dies in excellent condition to prove the quality
of the minting to the Viceroy or even to the King.
NOTE: Luis I coinage is among the rarest and most valuable for collectors. He only reigned 7 months during the year of 1724 and then he died at age 17. His father Felipe V returned to the throne after this, hence Felipe V coinage exists prior and post Luis' I.
Any coinage from posterior years was already minted at the time of his dead and kept in storage, or was released as a memento from the dead King.
Interesting fact
The 8 Reales coin from New Spain (Mexico) made of Silver (.931) weighing 27.0674 g has an interesting fact that it was used as a currency in the 18th century, and it was also used as a tool for trading and bartering goods and services. It was a widely accepted form of payment and was used by people of different social classes, from merchants to farmers, and it played an important role in the economy of New Spain.
