Mexico: Charles IV 8 Reales 1805 Mo-TH AU58 PCGS, Deep Gunmetal Blue Toning

Description

Mexico: Charles IV 8 Reales 1805 Mo-TH AU58 PCGS, Deep Gunmetal Blue Toning.
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Date, mintmark:1805-Mo TH
Denomination: 8 R
Variety: Calico-983
Region: Mexico
Grade: AU58
Holder Type: PCGS Gold Shield
Population: 18
Pop Higher: 14
Obverse
- Bust of Charles VI facing right
Lettering: CAROLUS·IIII·DEI·GRATIA 1805 - Translation: Carlos 4thby the grace of God (Charles)
Reverse
- Hispanic arms.Two pillars with shield and crown pictures of castle and lion on shield
Lettering: ·HISPAN·ET IND·REX·Mo ·8R·T·H·Translation: King of Spain and the Indies, Mexico City, 8 Reales, TH (Assayer-TH)
This silver Spanish dollar (also known as an eight real coin or piece of eight) was minted in 1805.The initial M is for the coins minting in Mexico City, andthe initials “TH” belong to the coin’s assayer.
Spanish dollars were the monies of choice when coins were available in Colonial America, and Americans liked them so much that they eventually based their own U.S. dollar on the Spanish real. The uniform quality of the Spanish real made it a popular currency for international trade.