8 Reales - Philip III 1607-1618 front 8 Reales - Philip III 1607-1618 back
8 Reales - Philip III 1607-1618 photo
© Stacks Bowers

8 Reales - Philip III

 
Silver (.931) 27.12 g -
Description
Issuer
New Spain (Mexico)
King
Philip III (1598-1621)
Type
Standard circulation coin
Years
1607-1618
Value
8 Reales
Currency
Real (1535-1897)
Composition
Silver (.931)
Weight
27.12 g
Shape
Round
Demonetized
Yes
Updated
2024-10-06
References
Numista
N#317108
Rarity index
97%

Reverse

Script: Latin

Lettering: HISPANIARVN ET INDIARVN REX

Interesting fact

The 8 Reales coin from New Spain (Mexico) made of Silver (.931) weighing 27.12 g during Philip III's reign (1607-1618) is interesting because it was used as a form of currency in the Spanish colonies in the Americas and was also known as a "Piece of Eight" due to its division into eight smaller units, each called a bit. This coin was widely used for trade and commerce, and its design featured the Spanish king's coat of arms on one side and the image of the Virgin Mary on the other. It was also used as a standard unit of account for financial transactions, and its value was equivalent to one Spanish dollar.