@Coinbert said:
I think this is a US coin forum. There is a world and ancient coin forum.
These coins circulated in colonial America and in the US and were legal tender until 1857.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Just an odd question on the side. The vast majority of the coinage from the New Orleans mint (pre 1853) was supposed to be manufactured using Mexican silver. Have any idea what effect that practice had on the surviving piilar dollar population? James
Pardon please. Maybe I understood it to mean minted in the United States by the United States Mint. Yes many different types of coins circulated in the United States until 1857.
@Coinbert said:
Pardon please. Maybe I understood it to mean minted in the United States by the United States Mint. Yes many different types of coins circulated in the United States until 1857.
Actually, even though they lost their legal tender status in 1857, these coins continued to be used in commerce especially in the western states since they were made of good silver. Also, there are many coins made during the colonial era and early state issued coins that were made before 1793 when the US Mint when into production. These coins are considered to be part of the US coin series.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Ferdinand VI (1747 - 1759)
Mexico AR 8 Reales
O: FERDND·VI·D·G·HISPAN·ET IND·REX M F 8, Crowned arms shield flanked by value and initials.
R: VTRAQUE VNUM; Mo 1756 MoCrowned hemispheres flanked by crowned pillars.
27g
39mm
KM#104.2
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
Love my pillar dollar, it looks so much better in hand, has a sort of goldish/reddish toning and glistens depending on the angle. Got a "WINGS" bean, which I had to look up but appears to be kinda the CAC of foreign coins.
@Coinbert said:
Thank you PerryHall. And the pioneer/private mints were vital out west also.
Also, the private gold coin mints on the east coast.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Nice to get a little Numanistic education. Who knew there was an American "Dollar" that was used in the colonies in 1765, and that is the reason we have US dollars instead of US pounds!
Thanks for posting this Lord M.
“When you don't know what you're talking about, it's hard to know when you're finished.” - Tommy Smothers
These coins are considered to be part of the US coin series.
I do not think this is true, the vast majority of collectors do not even know what they are, let alone collect them
I am pretty sure most people know them as pieces of eight. ''Pirate coins'' are linked to all these early Latin American coins. They are in movies and so many books. They are well known.
Are they as collected as US coins....no. Are they an important part of numismatic history....yes. The first milled coins of the Americas are dated 1732. All milled 1732's are very rare except for the 8 reales that is much more common due to most coins minted in that era were 8 reales. It is still a very tough coin especially by US rarity standards.
Price wise milled 1732's 8 reales in authentic grade start at around 8k to 15k (they vary a lot depending on eye appeal) compared to the famous US 1794 dollar that will cost you at a minimum about 100k.
Not my coin (I do not own a milled 1732 8 reales):
Comments
Very pretty
I think this is a US coin forum. There is a world and ancient coin forum.
I think you haven’t read the first pages of the Red Book.
My pillar dollar:
Spain Mexico City 8 Reales 1748 Assayer: MF
Silver, 38.0 mm, 27.07 gm
The Mysterious Egyptian Magic Coin
Coins in Movies
Coins on Television
These coins circulated in colonial America and in the US and were legal tender until 1857.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Indeed, and this very coin type is the reason the United States has dollars in the first place, instead of pounds or ecus or shillings or crowns, etc.
Just an odd question on the side. The vast majority of the coinage from the New Orleans mint (pre 1853) was supposed to be manufactured using Mexican silver. Have any idea what effect that practice had on the surviving piilar dollar population? James
Sugar magnolia blossoms blooming, heads all empty and I don't care ...
Pardon please. Maybe I understood it to mean minted in the United States by the United States Mint. Yes many different types of coins circulated in the United States until 1857.
Actually, even though they lost their legal tender status in 1857, these coins continued to be used in commerce especially in the western states since they were made of good silver. Also, there are many coins made during the colonial era and early state issued coins that were made before 1793 when the US Mint when into production. These coins are considered to be part of the US coin series.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Ferdinand VI (1747 - 1759)
Mexico AR 8 Reales
O: FERDND·VI·D·G·HISPAN·ET IND·REX M F 8, Crowned arms shield flanked by value and initials.
R: VTRAQUE VNUM; Mo 1756 MoCrowned hemispheres flanked by crowned pillars.
27g
39mm
KM#104.2
Ex. Harlan J Berk Buy or Bid Sale #212, July 2020
Great looking coins!!!
This one is still raw.
This one is in a SEGS holder.
Every early US collector should own a Pillar, here are a few of mine!
Chile, Guatemala, Lima, and Mexico. Will upgrade Mexico at some point. Need Colombia and Bolivia.
Latin American Collection
Killer coin!
Latin American Collection
Some “WOW!” coins in this thread for sure.
Love my pillar dollar, it looks so much better in hand, has a sort of goldish/reddish toning and glistens depending on the angle. Got a "WINGS" bean, which I had to look up but appears to be kinda the CAC of foreign coins.
Thank you PerryHall. And the pioneer/private mints were vital out west also.
Also, the private gold coin mints on the east coast.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I do not think this is true, the vast majority of collectors do not even know what they are, let alone collect them
Nice to get a little Numanistic education. Who knew there was an American "Dollar" that was used in the colonies in 1765, and that is the reason we have US dollars instead of US pounds!
Thanks for posting this Lord M.
That and its predecessor
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
@pruebas ’s 1733 8R is equivalent to posting a 1795 $1 in 65, in case you didn’t know.
Latin American Collection
No kidding! I was going to post my 1733 (VF, might get detailsed), then I realized I didn't shoot it before sending it to our hosts.
I guess I could post my other 1733 8R
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
I am pretty sure most people know them as pieces of eight. ''Pirate coins'' are linked to all these early Latin American coins. They are in movies and so many books. They are well known.
Are they as collected as US coins....no. Are they an important part of numismatic history....yes. The first milled coins of the Americas are dated 1732. All milled 1732's are very rare except for the 8 reales that is much more common due to most coins minted in that era were 8 reales. It is still a very tough coin especially by US rarity standards.
Price wise milled 1732's 8 reales in authentic grade start at around 8k to 15k (they vary a lot depending on eye appeal) compared to the famous US 1794 dollar that will cost you at a minimum about 100k.
Not my coin (I do not own a milled 1732 8 reales):
A few of my eights.
A: The year they spend more on their library than their coin collection.
A numismatist is judged more on the content of their library than the content of their cabinet.