FREE: 1803 8-REALES *America's 1st Silver Dollar*

The listing, 1803 8-REALES *America's 1st Silver Dollar* has ended.

Before the Peace Dollar, Morgan, Seated Liberty, or Draped Bust, Mexico City started minting these.

1803 Mexico City minted, Spanish Colonial 8 Reales.
27.06 grams of 90% Silver. Well circulated with very nice details. Nice Chop Mark on the reverse. The coin in the pics is the coin you will receive. Please let me know if you have any questions about the coin.

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The 8 Reales is often referred to as America’s first silver dollar. It certainly was made in the Americas, but not by the United States. The U.S. would not coin a silver dollar in its own Mint facilities until 1794. In the 18th century, the Spanish 8 Reales were accepted worldwide. Based on the existing European standard, the large silver coins were the currency of choice in the New World and these “pieces of eight” were legal tender in the United States until 1857.
This 8 Reales was struck at the Mexico City Mint during the reign of Charles the 4th of Spain (1788-1808). The obverse displays an armored bust of Charles surrounded by the date 1803 and the legend: CAROLUS IIII DEI. GRATIA (Charles the 4th, by the Grace of God). The reverse shows the Pillars of Hercules surrounding the crowned shield of the King of Spain. The legend around reads: HISPAN.ET.IND.REX. M°. 8R. F.T.
HISPAN.ET.IND.REX = (King of Spain and the Indies)
M° = [Mexico City Mint]
8R = [denomination]
F.T. = [the initials of the assayers].