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World Silver - 1754 Peru 8 Reales LM JD NGC MS61

SOLD
SKU
4351128021

ATTENTION: If you linked here from COLLECTORS.COM, we apologize but this coin has been sold for some time. COLLECTORS.COM will not update internet listings for some reason. We do not post our coins on this platform. Instead, COLLECTORS.COM employs a web-crawling technique to list all coins on the internet. In this case, coins are listed without permission, even if coins are available for sale or have subsequently been sold (archived). BUYER'S NOTE: If it pleases you to remain here on our website, the coins listed are available. In every instance, however, it is always best to contact us to confirm. We even might be able to do better on the price!

 

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The first coin one encounters in the Red Book is the Mexican "Pillar" dollar; or 8 Reales. This 8 Reale was struck in 1754 at the Lima mint in Peru under the Spanish monarchy of Ferdinand VI; who ruled between 1746 and 1759. It’s also known as a “Pillar Coin;” because of the design. The obverse features a crowned Bourbon coat of arms. The reverse features crowned globes flanked by crowned and bannered pillars; over water. We note the magnificent crisp and virtually complete strike. Rolling this coin back and forth under a strong light also casts a mint cartwheel luster. Definitely in the Condition Census and a candidate for the finest known. Interestingly; the earliest pillar dates featured a single assayer letter; which was highly atypical (and arguably illegal) for any Spanish colonial issue.A highly demanded early date Peruvian 8 Reales Pillar Dollar from the "JD" assayer; with a centralized brilliant uncirculated luster beaming out over a slightly more subdued peripheral silver sheen on both obverse and reverse. There are a few post-strike contact marks are observed for the grade. Currently there are 19 of this date and Assayer graded by NGC; with 10 finer.

More Information
PCGS # 551044
Grading Service NGC
Year of Issue 1754
Grade MS61
Denom Type World Coin
Numeric Denomination 8R
Mint Location NONE
Designation NONE
Circ/UnCirc Uncirculated
Strike Type Business
Grade Add On NONE
Holder Type N/A

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