We are offering an 1876 silver 8 reales from Mexico. There is light wear and some contact marks on this coin. This coin has been engraved with the letters "MJ". In our opinion, we believe this coin to be in extra fine condition.
The Spanish dollar was the coin upon which the original United States dollar was based, and it remained legal tender in the United States until the Coinage Act of 1857. Because it was widely used in Europe, the Americas, and the Far East, it became the first world currency by the late 18th century. Aside from the U.S. dollar, several other currencies, such as the Canadian dollar, the Japanese yen, the Chinese yuan, the Philippine peso, and several currencies in the rest of the Americas, were initially based on the Spanish dollar and other 8-real coins. Diverse theories link the origin of the "$" symbol to the columns and stripes that appear on one side of the Spanish dollar.
T-2 - XGMMM - 2/08 - S40 - BC
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DISCLAIMER: Please examine the photos carefully and purchase based on the condition you see and believe the item is. We do not offer any of our currency or coins that are raw with grades, we offer them only with photos and our asking price. We will state our opinion, but, you be the judge of the quality of our raw currency and coins. We will not specify or guarantee a grade unless the coin or currency has been professionally graded by PCGS, NGC, or PMG.
Please note on older coins such as the one offered here that it is not uncommon for them to have noticeable environmental damage, cleaning, or other defects. This is normal for coins of this age. We do our best to provide good pictures you can enlarge and make your own judgment from and in most cases, we will offer our opinion. Grading is not a science but rather an opinion!
1876 Mexico Silver 8 Reales Love Token
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