CVC & Collectables presents this 1718 S-M Spain 8 Reales, struck at the Seville Mint during the reign of King Philip V and certified XF 40 by NGC. Known as the iconic “Piece of Eight,” this silver coin played a pivotal role in global trade and colonial commerce. With a bold strike, beautiful toning, and strong remaining detail, this early 18th-century Spanish 8 Reales is a prized example of post-war Bourbon coinage and Old World silver.
Coin Highlights:
- Issuer: Spain
- Reign: King Philip V (1700–1746)
- Date: 1718
- Mint: Seville (Mintmark: S-M)
- Denomination: 8 Reales
- Composition: Silver (.931 fine)
- Weight: ~27.07 grams
- Diameter: ~39 mm
- Edge: Milled
- Grade: NGC XF 40 — Strong detail with moderate wear and solid eye appeal
- Type: Pillar-and-Waves or Shield Type (based on subtype; confirm if needed)
Obverse:
- Design: Crowned shield of arms of Spain, showcasing Bourbon heraldry
- Inscription: Typically includes PHILIPPUS V D G HISPANIARUM REX (“Philip V, by the Grace of God, King of the Spains”)
Reverse:
- Design: Cross with lions and castles in quadrants, symbolic of the kingdoms of León and Castile
- Inscription: 1718 flanked by mintmark (S-M) and assayer initials (if visible)
Collectibility:
This 1718 S-M Spain 8 Reales is a true piece of numismatic and maritime history. As Spain’s most widely circulated silver coin, the 8 Reales was trusted across the Americas, Asia, and Europe. Struck just two years after the end of the War of the Quadruple Alliance, this coin reflects the renewed strength of Bourbon Spain. With its NGC XF 40 grade, it offers excellent detail and preservation — a standout acquisition for collectors of Spanish colonial, world trade coinage, or early 1700s European silver. Find more alike here!
