© Heritage Auctions
© Heritage Auctions
8 Reales - Philip IV
| Silver (.931) | 27.07 g | - |
| Issuer | Colombia |
|---|---|
| King | Philip IV (1621-1665) |
| Type | Standard circulation coin |
| Years | 1651-1667 |
| Value | 8 Reales |
| Currency | Real (1616-1820) |
| Composition | Silver (.931) |
| Weight | 27.07 g |
| Shape | Round (irregular) |
| Demonetized | Yes |
| Updated | 2024-10-04 |
| Numista | N#118860 |
|---|---|
| Rarity index | 94% |
Reverse
Crowned pillars over waves.
Script: Latin
Lettering:
HISPANIARVM·ET·INDIA·RVM·REX
PLVS
VL
TRA
PoRS
NoR
1657
Comment
KM# 7.1 Struck at Bogota, Mint mark NoRKM# 7.2 Struck at Cartagena, Mint mark C S
Interesting fact
The 8 Reales coin from Colombia, minted during the reign of Philip IV (1651-1667), was known as the "Piece of Eight" and was widely used in international trade, particularly in the Spanish colonies in the Americas. It was also used as a standard unit of account for financial transactions, with its value being divided into smaller units called "bits" or "reales." This coin played a significant role in the early economy of many countries in the region, including Colombia, and its design and mintage were overseen by the Spanish Crown.
