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  4. 1746-Mo MF Mexico 8 Reales PCGS MS63
Untitled design (74)

1746-Mo MF Mexico 8 Reales PCGS MS63

1746-Mo MF Mexico 8 Reales Pillar Dollar PCGS MS63 — Choice Mint State Silver

  • PCGS-certified MS63 — a Choice Mint State grade for a 278-year-old colonial silver coin
  • Struck at the Mexico City Mint in 1746, assayer initials MF confirmed on slab
  • Classic Pillar Dollar design: Pillars of Hercules reverse, crowned arms obverse
  • Part of the Spanish Colonial 8 Reales series — the original "piece of eight"
  • Silver content of 0.798 troy oz of fine silver per coin

Specifications

Year
1746
Mint
Mexico City (Mo)
Country of Origin
Mexico (Spanish Colonial)
Metal
Silver
Weight
0.798 troy oz
Denomination
8 Reales
Grade
PCGS MS63
Assayer Initials
MF
SKU
PCGS-4332201
Metal type
Silver
Category
Rare & Historic Coins

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1746-Mo MF Mexico 8 Reales PCGS MS63

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Encapsulated in PCGS holder with holographic security label
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SKU: PCGS-4332201
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Description

The 1746-Mo MF Mexico 8 Reales Pillar Dollar, certified PCGS MS63, is a Choice Mint State example of one of history's most important silver coins. Struck at the Royal Mint in Mexico City under assayers marked MF, this colonial silver piece carries 0. 798 troy oz of silver and belongs to the celebrated Spanish Colonial "Milled Dollar" series — the direct ancestor of the U. S. dollar and the coin that circulated across four continents as the world's premier trade currency. The reverse displays the iconic twin Pillars of Hercules flanking two hemispheres beneath a crown, with the Latin motto VTRAQUE VNUM ("both as one"), while the obverse bears the crowned royal arms of Spain with the legend referencing Philip V and the denomination 8R. Achieving MS63 on a coin struck by hand-fed screw press in 1746 speaks to exceptional preservation across nearly three centuries.

Frequently asked questions

This coin was struck at the Mexico City Mint, denoted by the Mo mintmark. The initials MF identify the assayer pair responsible for certifying the coin's silver content and quality at the time of striking — a standard practice at Spanish Colonial mints.
The coin contains 0.798 troy oz of silver, consistent with the standard Spanish Colonial 8 Reales specification. This substantial silver content made the 8 Reales the world's dominant trade coin across the 17th and 18th centuries.
MS63, or Choice Mint State, indicates the coin shows no wear and retains original mint luster, with only a few minor contact marks or blemishes. Achieving this grade on a hand-struck 1746 colonial coin is a significant distinction and places it in the top tier of surviving examples.
The reverse features the famous Pillars of Hercules design — two crowned columns flanking twin hemispheres with the motto VTRAQUE VNUM. The obverse displays the crowned royal arms of Spain, the denomination 8R, and the assayer initials, as standard for Mexican Pillar Dollars of this era.

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