1739-Mo Mexico 8 Reales NGC XF Details

$775.00

The 8 Reales was one of the most influential coins in world history, widely accepted as global trade currency and the foundation for many modern monetary systems, including the U.S. dollar. Mexico City was a leading mint of the Spanish Empire, producing vast amounts of silver from rich mines like Guanajuato and Zacatecas.

Coins like this were used in international trade across Asia, Europe, and the Americas, often circulating for decades. The 1739 issue represents the height of Spanish economic power, as Spain controlled vast overseas territories, including Mexico, South America, the Caribbean, and the Philippines.

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CVC & Collectables proudly presents the 1739-Mo Mexico 8 Reales NGC XF Details. 1739 Mexico 8 Reales, struck at the Mexico City Mint (Mo) during the reign of King Philip V of Spain, is a historically significant piece of Spanish colonial coinage. Graded XF Details by NGC, the coin retains strong design elements despite signs of prior cleaning or other surface issues. As one of the legendary “Pillar Dollars”, it played a crucial role in global trade and the economic expansion of the Spanish Empire.

Coin Highlights:

  • Issuer: Spanish Colonial Mexico
  • Reign: Philip V (1700-1746)
  • Date: 1739
  • Mint: Mexico City (Mintmark “Mo”)
  • Denomination: 8 Reales (“Piece of Eight”)
  • Composition: Silver (.917 fine, approx. 0.798 oz actual silver weight)
  • Grade: NGC XF Details — Strong detail with moderate wear, but noted surface issues (cleaning, scratches, or other alterations).

Obverse:

  • Design: The Spanish coat of arms with a crowned shield, flanked by the Pillars of Hercules, wrapped with banners inscribed PLUS ULTRA (“More Beyond”), symbolizing Spain’s maritime empire.
  • Inscription: PHILIP V D G HISPAN ET IND REX
    • Translation: “Philip V, by the Grace of God, King of Spain and the Indies.”

Reverse:

  • Design: Two globes representing the Old and New Worlds, resting between the Pillars of Hercules, with waves below symbolizing the Atlantic Ocean.
  • Inscription: VTRAQUE VNUM (“Both Are One”), signifying the unity of Spain’s global territories.
  • Mintmark & Assayer Initials: Mo for Mexico City, along with assayer initials of the period.

Collectibility:

This 1739-Mo 8 Reales is a highly desirable piece for collectors of Spanish colonial coinage, world trade currency, and Mexican numismatics. While its XF Details grade indicates prior surface issues, it still retains strong historical and numismatic value. Its role as an early global currency and connection to colonial Mexico’s silver wealth make it a key piece in any collection.

Step back in time in the world of Spanish Colonial Reales coins from Mexico at CVC & Collectables. These historic and collectible coins bear witness to centuries of history and trade. Explore the intriguing collection of Spanish Colonial Reales (1500-1808) coins of Mexico: Spanish Colonial Reales.

World Coin Issues

Mexico

Condition

XF Detail

Grade

NGC

Year

1739

Denominations

8 Reales

Metal Type Silver
Metal Weight 0.798 oz
Metal Purity s.917
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