Spanish 8 reales
Date1718
Reign of
Philip V
Mint
Seville Mint
Assayer
M
OriginEurope, Spain, Seville
MediumSilver
DimensionsDiameter: 38 mm
Weight: 310.5 grains
Weight: 310.5 grains
Credit LineGift of the Lasser family
Object number1996-872,18
Label TextThe milled 8 reales coins struck in Spain contained less silver than those produced in their colonial mints like those in Mexico City, Potosi and Lima. Since the value of a coin was directly tied to the amount of precious metal it contained, these coins only carried about 80% of their colonial counterpart's purchasing power. At 8 reales, this coin was worth four "pistareens," and shares the same design elements.
Davenport-1696Inscription(s)Obverse: PHILIPPVS *V*DEI* GRAT*"
Reverse: "HISPANIARVM *REX*1718*"
ProvenanceMike Dunigan, 8/9/96
1725
