© Stacks Bowers
© Stacks Bowers
8 Reales - Philip V
| Silver (.931) | 27.07 g | 42 mm |
| Issuer | Colombia |
|---|---|
| King | Philip V (1717-1724) |
| Type | Standard circulation coin |
| Years | 1721-1722 |
| Value | 8 Reales |
| Currency | Real (1616-1820) |
| Composition | Silver (.931) |
| Weight | 27.07 g |
| Diameter | 42 mm |
| Shape | Cob |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-04 |
| Numista | N#61439 |
|---|---|
| Rarity index | 93% |
Reverse
Pillars and waves.
Script: Latin
Lettering:
1721 HISPANIARVM REX
PLV
SVL
TRA
NoR
1721
ARC
Comment
Sold for $60,000 in January 2018, Stack & Bowers Auction.Interesting fact
The 8 Reales coin from Colombia, minted during the reign of Philip V (1721-1722), was part of a series of coins known as the "Pieces of Eight," which were widely used in the Spanish colonies in the Americas. These coins were made of silver and had a standardized design, with the obverse featuring the king's portrait and the reverse showing the coat of arms of Spain. The 8 Reales coin was the highest denomination in the series and was equivalent to eight smaller coins called "reales." It was used for large transactions and was also popular among pirates and smugglers, who often used it to buy goods and services in the colonies.
