Amazing America's First Dollar * Pillar Mexico 1766-Mo MF 8 reales * High Grade!

Description

American Revolution War
Amazing America's First Dollar * Pillar 8 Reales Mexico 1766
Great example!!
Ov- *CAROLVS·III·D·G·HISPAN·ET IND·REX* ; royal coat of arms of the king ·MF (assayer mark) on the left and 8 on the right.
Rv-
*VTRAQVE VNVM*Mº*1766*Mº*
;
Crowned globes flanked by crowned pillars with banner, date below.
Weight:
26,74 g
Diameter:            39
mm
composition:
Silver
Grade:
VF+ to XF,
check the scan photos for instance and judge yourself.
# 2375
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You will receive the items pictured.
Guarantee for the authenticity of the coins.
Even wonder where the “$” sign originated?
The American colonist abbreviated transaccions in Spanish Milled Dollars by drawing a pillar wrapped with a scroll. The pillar is wrapped with a scroll, approximating the symbol the US use today for the national currency. Indeed, early Americans also calle these coins “Pillar Dollars”.
The “Spanish Milled Dollars” were widely used and accepted as payment in the Thirteen Colonies. The US government accorded them status of official legal tender. The story of George Washington throwing a silver dollar across the Potomac River is indeed true, then doubtless it was a “Spanish Silver Dollar” like this one.
The Spanish Silver Dollar were struck in large quantities and were used in the US through the Civil War. Then the government withdrew them from circulation and they were melted down.
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