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The Silver Spanish Pillar Dollar, known as the Piece of Eight, or Real de a Ocho, was one of the most iconic trade coins of the colonial era, and Bolivia, then known as Upper Peru, was among its most prolific mints. Struck primarily at the Royal Mint of Potosí (Casa de Moneda de Potosí), these coins circulated globally and became a cornerstone of international commerce from the 16th through the early 19th centuries. This 8 Reales Bolivian Silver Spanish Pillar Dollar comes from the latter years of King Charles IV’s reign and arrives in Very Fine 30 condition. Right now, the 1788-1808 8 Reales Bolivian Silver Spanish Pillar Dollar is available at JM Bullion.
Coin Highlights:
The 1788-1808 8 Reales Bolivian Silver Spanish Pillar Dollar available here is a VF30 specimen with medium to light wear overall and most of its primary design details still visible. The coins in this listing are noted for largely untoned silver-gray surfaces and a satin-like luster. The satin sheen and balanced surfaces create a piece with attractive eye appeal.
The silver used to produce Bolivian Pillar Dollars came overwhelmingly from the legendary mines of Cerro Rico, or “Rich Mountain,” located in Potosí. Discovered by the Spanish in 1545, Cerro Rico proved to be one of the most extraordinarily productive silver deposits in human history, yielding an estimated half of the world’s silver supply during the colonial period.
The obverse of these 8 Reales Bolivian Silver Spanish Pillar Dollars features a crowned portrait of King Charles IV facing right, rendered in a relatively austere profile style consistent with the broader milled coinage reform introduced in the mid-18th century. Surrounding the portrait is the Latin legend giving the king’s name and titles, typically reading CAROLUS IIII DEI GRATIA, which translates as CHARLES IV, BY THE GRACE OF GOD. The portrait style on Charles IV coinage is often noted for its somewhat rigid, formal character compared to earlier monarchs, reflecting the neoclassical engraving conventions of the period.
On the reverse of 1788-1808 Bolivian Silver Spanish Dollars, you will find one of the most visually striking compositions in the history of coinage. The famous Pillars of Hercules, which represent the Strait of Gibraltar, flank the sides of the design, with the crowned royal arms of Spain appearing between the pillars.
If you have any questions about rare world silver coins, please feel free to ask. JM Bullion customer service is available at 800-276-6508, online using our web chat, and via our email address.
Tracking and insurance included on all orders
The Silver Spanish Pillar Dollar, known as the Piece of Eight, or Real de a Ocho, was one of the most iconic trade coins of the colonial era, and Bolivia, then known as Upper Peru, was among its most prolific mints. Struck primarily at the Royal Mint of Potosí (Casa de Moneda de Potosí), these coins circulated globally and became a cornerstone of international commerce from the 16th through the early 19th centuries. This 8 Reales Bolivian Silver Spanish Pillar Dollar comes from the latter years of King Charles IV’s reign and arrives in Very Fine 30 condition. Right now, the 1788-1808 8 Reales Bolivian Silver Spanish Pillar Dollar is available at JM Bullion.
Coin Highlights:
The 1788-1808 8 Reales Bolivian Silver Spanish Pillar Dollar available here is a VF30 specimen with medium to light wear overall and most of its primary design details still visible. The coins in this listing are noted for largely untoned silver-gray surfaces and a satin-like luster. The satin sheen and balanced surfaces create a piece with attractive eye appeal.
The silver used to produce Bolivian Pillar Dollars came overwhelmingly from the legendary mines of Cerro Rico, or “Rich Mountain,” located in Potosí. Discovered by the Spanish in 1545, Cerro Rico proved to be one of the most extraordinarily productive silver deposits in human history, yielding an estimated half of the world’s silver supply during the colonial period.
The obverse of these 8 Reales Bolivian Silver Spanish Pillar Dollars features a crowned portrait of King Charles IV facing right, rendered in a relatively austere profile style consistent with the broader milled coinage reform introduced in the mid-18th century. Surrounding the portrait is the Latin legend giving the king’s name and titles, typically reading CAROLUS IIII DEI GRATIA, which translates as CHARLES IV, BY THE GRACE OF GOD. The portrait style on Charles IV coinage is often noted for its somewhat rigid, formal character compared to earlier monarchs, reflecting the neoclassical engraving conventions of the period.
On the reverse of 1788-1808 Bolivian Silver Spanish Dollars, you will find one of the most visually striking compositions in the history of coinage. The famous Pillars of Hercules, which represent the Strait of Gibraltar, flank the sides of the design, with the crowned royal arms of Spain appearing between the pillars.
If you have any questions about rare world silver coins, please feel free to ask. JM Bullion customer service is available at 800-276-6508, online using our web chat, and via our email address.
