1732 Mexico Silver Pillar Dollar 8 Reales NGC MS61
The 2nd Finest Known!
The First Year of the Milled Dollar of Mexico! A Precursor to the American Dollar! A Fabulous Ultra World Rarity.
Extraordinary Near Prooflike Surfaces! Exemplary Quality! The “KEY” Pillar Dollar!
The Pillar Dollar is one of the most important and extensively circulated silver coins produced throughout the world prior to the introduction of the American monetary system.
Through a Royal Decree in 1728, circular coins were authorized for production throughout the Spanish realm – but it wouldn’t be until 1732 when the first one was struck.
The 1732 Pillar Dollar is the key of the series and the one to own if you’re a purveyor of history’s most important coins.
The surfaces are incredibly watery with an outstanding strike and centering.