Peru 1766 8 reales Pillar Dollar PCGS VF35
Aurora Rarities buys and sells coins. We are always in the market for pieces with exceptional eye appeal, especially 19th century European coins.
Aurora Rarities is passionate about coins, but what we value most highly are people. We enjoy the study of coins and sharing that enjoyment with collectors. We love the thrill of the hunt and uniting a collector with a long sought after piece. We enjoy reminiscing with old acquaintances and look forward to meeting new ones. Our goal is to make every interaction with our clients and colleagues a quality experience. We provide quality photos and descriptions for all items, respond to questions in a helpful and professional manner, and guarantee the authenticity of everything we sell. Aurora Rarities endeavors to positively contribute to the numismatic community and we invite you to share the journey with us.
Item Description
Peru 1766L-JM 8 reales PCGS VF35
ex. Dunigan
The \"Pillar Dollar\"of Spanish American colonies is an icon of world trade in its era and a standard of the early American economy. The subsequent dollar of the USA was based on this coin and 8 divisions thereof. When small change was scarce, people occasionally cut these 8 reales into as many as 8 pieces or bits. Thus, the term two bits in reference to a later USA quarter dollar came from the equivalent portion of a Spanish Colonial 8 reales coin. The influence of this coin still echoes in our modern day world. Until recently the modern stock market still traded in 1/8th\'s of a dollar.
The Spanish American Pillar dollars were minted at a number of mints in Central an South America. This particular coin was minted in Lima, Peru as indicated by the LM on either side of the pillars. There are three varieties of this coin depending on the appearance of dots above the LM mintmark. This coin has a dot over the left LM, but no dot over the right LM. The assayers responsible for the purity of the coin were Jose Rodriguez Carasa and Manuel Iglesias Abarca as indicated by the letters J and M at left of the crowned royal arms. Pleasing surfaces with honest wear on a fully formed planchet. A nice example of a richly historic coin.
Edge :Laurel Leaves
Composition:0.917 fine silver, 0.7980 ASW
Reference: Gilboy L-8-18A ; KM#A64.2
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If you win more than one item from us, will automatically combine shipping when you checkout(for USA destinations ONLY). Shipping and Handling within USA is $2.95. Shipping and Handling to Canada is $8.75.International Buyers – Please Note:Import duties, taxes, and charges are not included in the item price or shipping cost. These charges are the buyer\'s responsibility.Please check with your country\'s customs office to determine what these additional costs will be prior to offerding or buying.Please note that we ship within the USA and Canada ONLY.
Guarantee of Authenticity
Numismatics is a wonderful hobby inhabited primarily by knowledgeable and helpful people who enjoy the hobby as much as you and I do. However, in recent years forgers have made the hobby, especially online, something of a minefield. Aurora Rarities LLC takes significant precautions, aided by many years of experience, to assure that our inventory contains only authentic items.
Aurora Rarities LLC offers a lifetime guarantee that every item we sell is authentic as described.Should any item that we sold as authentic be deemed not authentic by PCGS or NGC simply submit to us the document from PCGS or NGC which identifies the item in writing as \"counterfeit\" or \"forgery\" along with the Aurora Rarities LLC invoice and the item in question. Upon confirmation of these items we will refund 100% of the purchase price to the original purchaser. For items we sell which are already certified the PCGS or NGC guarantee of authenticity applies and those companies will honor their guarantee directly.
Payment
Payment is due in full prior to shipment or delivery. All items remain the property of Aurora Rarities LLC until payment is received in full. For sales and committed sales, payment is due within 4 days.
We accept payment via PayPal and most major credit cards via PayPal. As part of our efforts to protect you from identity theft, we only accept payment from PayPal users with a confirmed address and only ship to a PayPal confirmed address. If you receive an error during checkout you most likely need to establish a confirmed address within your PayPal account before attempting to complete payment again.
Payment due within 4 days of sale close. We accept payment via PayPal and most major credit cards via PayPal. As part of our efforts to protect you from identity theft, we only accept payment from PayPal users with a confirmed address and only ship to that same confirmed address. If you receive an error during checkout you most likely need to establish a confirmed address within your PayPal account before attempting to complete payment again._gsrx_vers_827 (GS 7.0.13 (827))
