Mint Year: 1748 Mint Mark: Mexico (Mo) Denomination: 8 Reales ("Pillar Dollar") References: 1749-MoMF, KM-104.1. R! Condition: Numerous bag-marks and digs, interesting die-clash (so-called ghosting) in reverse, once cleaned, now retoning on itself, otherwise VF+ Weight: 26.86gm Diameter: 39mm Material: Silver
Obverse: Two orbs with a crown above (representing the Old and the World). The orbs are over the Straits of Gibraltar, flanked by two crowned pillars, representing the Pillars of Hercules, with PLUS VLTRA ("Further Beyond") on banners wrapped around the columns, date below. Latin Legend: VTRA QUE VNUM / * Mo * 1748 * Mo * Translation: "On both sides - Unity"
Reverse: Shield of Arms of Castile and León, flanked by rosettes. Latin Legend: * FERDND . VI . D . G . HISPAN . ET IND . R * / .MF * / *8* Expanded: FERDINAND VI DEI GRATIA ET INDIARUM REX Translation: "Ferdinand VI by the Grace of God, King of the Spains and the Indies"
The successful revolt of the Spanish colonies in America, did not stopped the Spanish dollar to dominate the Eastern trade, and the peso of 8 reales continued to be minted in the New World. The coin was sometimes called a Republican dollar, but eventually any peso of the old Spanish 8-real standard was generally referred to as a Mexican dollar, Mexico being the most prolific producer. Mexico restored the standard of 1772, producing a coin of 27.073 g, 0.9028 fine, containing 24.441 g fine silver (the mark weight of the Mexico City mint was very slightly heavier than the standard mark of Spain).
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Ferdinand VI, (23 September 1713 - 10 August 1759), King of Spain from 9 July 1746 until his death. He was the fourth son of the previous monarch Philip V and his first wife Maria Luisa of Savoy. Ferdinand, the second member of the Spanish Bourbon dynasty, was born in Madrid on 23 September 1713.
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