PCGS Set Registry®
Mexican Portrait Series 8 Reales Complete Variety Set, Circulation Strikes (1772-1821): 8 Reales Madness

8 Reales Madness

Current Statistics
Rank 1
Weighted GPA 52.585
Complete 45.65%
Set Rating 20.493
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About this set: With the discovery of precious metals in the New World, leadership over the standard of currency passed to Spanish coinage, particularly the de a ocho reales "pieces of eight", a silver coin, immediate forebear of the US dollar and the Mexican peso. The pieces of eight was called the Spanish dollar in the United States, where it remained legal tender in much of the pre-Civil War era of the Republic. Ferdinand and Isabella, Spanish monarchs famous for financing Columbus's expedition in search of a western route to the Indies, introduced the de a ocho reales as a part of a plan to furnish Spain with a unified coinage system. Reales, Spanish for royal, was sometimes called a 'bit' in English, which explains why a quarter is two bits, or three quarters six bits. The term bits may be a reference to a practice of cutting a pieces of eight into eight bits, which circulated as coins. Charles V spread the Spanish coinage system in Europe, where the pieces of eight was equal in value to the Bohemian or Saxon Thaler. In the United States it became the dollar. The coinage of New Spain and Mexico runs into billions, and their pieces of eight and pesos served as the standard medium of exchange in the United States, the Philippines, China, and many European markets. The first, or Continental currency of the United States of America, was made payable in Spanish milled dollars. The Mexican peso and its subdivisions were legal tender in US until February 21, 1857, when by Act of Congress, all laws authorizing its circulation and acceptance were repealed. Up to June 30, 1862, the sum of $2,103,275.74 in Mexican coins had been accepted by the United States Federal offices. (Annual Report of the Director of the Mint, for the Fiscal year ending June 30, 1862, p.35)

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8 Reales Madness
 ImagePCGS No.ItemDenomGradePopPop HigherOwner's Comments
6701051772-MO FM Inverted Assayer8 RXF4537Calbeto-802 - Inverted Assayer and Mint Mark. Nice original surfaces.
6700151772-MO MF Inverted Assayer8 R  
6701261773-MO FM Inverted Assayer8 RXF4510Calbeto-804 - Inverted Assayer and Mint Mark. Dark original patina. Solid XF example of this scarce variety.
1631451773-MO FM8 R  
4089781774-MO FM8 R  
6700171775-MO FM8 R  
1702351776-MO FM8 R  
2402851777/6-MO FM8 R  
1620661777-MO FM8 R  
1589341777-MO FF8 RAU5310Calbeto-810 - Scarce. Amazing surface conditions and wonderful toning. Very lustrous with just a hint of wear on the high points. This is the tougher one to find of the two assayer combinations for 1777.
2402891778/7-MO FF8 R  
2402881778-MO FM8 R  
6709521778-MO FF8 R  
6701161779-MO FF8 R  
1598321780-MO FF8 R  
6701691781-MO FF8 R  
1401901782-MO FF8 R  
6701011783-MO FF8 R  
4047441783-MO FM8 R  
6701991784-MO FF8 R  
6701681784-MO FM8 R  
4125081785-MO FM8 R  
8791951786/5-MO FM8 R  
6700941786-MO FM8 R  
8791971787/6-MO FM8 R  
3928691787-MO FM8 R  
6701671788-MO FM8 R  
6701641789-MO FM CAROLUS III8 R  
4105571789-MO FM CAROLUS IV8 R  
6700221790-MO FM CAROLUS IV8 R  
2633361790-MO FM CAROLUS IIII8 RAU5321Calbeto-830 - Beautiful golden patina with lustre shining through.
6700721791-MO FM8 R  
1654371792-MO FM8 RAU5821Calbeto-832 - lustrous and toned example of this date.
6700311793-MO FM8 RAU5318Calbeto-834 - Pleasant dark patina with a touch of color.
6701861794-MO FM8 RAU5821Calbeto-835 - Full of soft, mellow brilliance of satin luster. Obverse strike-through.
2633411795/4-MO FM8 R  
6700271795-MO FM8 RAU5510Calbeto-838 - This one comes all the way from Belgium. A fellow PCGS forum member tipped me off about it when Jean Elsen posted his new inventory. Lustrous coin with gentle rose toning.
6700701796-MO FM8 RAU5335Calbeto-839 - Another lovely original coin, this with ancient teal green, russet and deep golden orange toning on the obverse and reverse.
6700321797-MO FM8 RAU5520Calbeto-840 - Lustrous coin with some areas of weakness. A few minor hairlines. Golden toning throughout.
6700851798-MO FM8 RAU5024Calbeto-841 - Lot 1296 in Subasta 257. Beautiful original surfaces with traces of color.
6700331799-MO FM8 R  
5132451800-MO FM8 RAU5822Calbeto-844 - Very lustrous example with a touch of color at the rim.
2633501801/0-MO FM8 R  
2633491801/791-MO FM8 R  
5134221801-MO FM8 R  
2633531801-MO FT/M8 R  
5132511801-MO FT8 R  
2633551802/1-MO FT8 R  
5132531802-MO FT8 RAU5531Calbeto-848 - Highly lustrous with a scarce combination of green, rose, and gold shades of toning. Much more appealing than the Pittman example.
2633571802-MO FT/M8 R  
5132551803-MO FT8 RMS6310Calbeto-849 - A virtual gem! Beautiful mint state example with a light touch of color.
2633591803-MO FT/M8 RAU5310Calbeto-Unlisted. Rare overassayer and the first one certified by PCGS. Lot 1324 in Leipziger Munzhanglung Heidrun Hohn Auction 79
5132571803-MO TH8 R  
2633611804/3-MO TH8 R  
5132591804-MO TH8 RMS6312Calbeto-841 - Choice lustrous surfaces. A few minor hairlines, in-line with the grade. Has a frosty look of a PL coin.
2633621805/4-MO TH8 R  
5132611805-MO TH8 RAU5888Calbeto-852 - Very lustrous with minimal wear.
5132621806-MO TH8 RAU53216Calbeto-853 - Pleasant rose toning and a hint of lustre.
2633651807/6-MO TH8 R  
5132641807-MO TH8 RAU5887Calbeto-855 - Virtually mint-state coin with booming luster. Obverse strike-through wire.
5132661808/7-MO TH8 RAU5811Calbeto-Unlisted. Pleasant golden patina. Lot 661in ibercoin Auction 16
5132671808-MO TH CAROLUS IIII8 RAU50117Calbeto-856 - Pleasant old toning with a hint of lustre.
5132761808-MO TH FERDIN VII8 RAU5527Calbeto-858 - Matches the "el 8 esta roto por la base" variety for this year with a broken base of 8. Original toning and a surprisingly strong strike for the series.
5132811809-MO TH8 RMS6285Calbeto-859 - Nice mint state example of this date. Some hairlines, in-line with the grade.
1694361809-MO HJ8 RAU5821Calbeto-861 - Much more scarce combination of assayers than the easily available "TH". Beautiful toning with a slightly weak strike, not unusual for the series.
2633721809-MO HJ/TH8 RAU5810Calbeto-unlisted. Beautiful lustrous example of this scarce over-assayer variety. Only one certified by PCGS as of June 2013.
1651221810/9-MO HJ8 RAU5012Calbeto-861a - No image and only described as "rare" in Calbeto. Re-worked dies with a few re-punched elements. Strike weakness as often seen with 1809-1810 coins of this mint.
4073591810-MO TH8 RAU5520Calbeto-862 - Lot 838 in Isabel de Trastamara sale in Madrid. Key date.
2633761810-MO HJ/TH8 RAU5011Calbeto-unlisted - Struck with late-state dies. Numerous die breaks and defects. Nonetheless an original coin and a very scarce variety of the over-assayers HJ over TH. The only example certified by PCGS as of June 2013.
5132831810-MO HJ8 RAU5579 
2633781811/0-MO HJ Amored Bust8 RAU5013Calbeto-864 - Listed as Rare. Old dark patina with traces of luster breaking through.
5132871811-MO HJ Armored Bust8 RAU53211Calbeto-865 - Common coin, but I liked the overall look of this one. Soft strike with planchet stress marks. Pleasant toning. Used to reside in an NGC AU55 holder and pedigreed to Dan Holmes Collection.
2633801811-MO HJ/TH Armored Bust8 R  
4032161811-MO HJ Draped Bust8 R  
3932721812-MO HJ8 RAU5315Calbeto-868 - Scarcer of the two assayer combinations for this year. Dark original patina with traces of lustre.
2633831812-MO JJ/HJ8 R  
2633841812-MO JJ8 RAU58213Calbeto-870 - Undergraded, in my opinion. Beautiful old patina and no breaks in lustre.
2633851813-MO HJ8 R  
4129751813-MO JJ8 RAU5516Calbeto-873 - Plenty of lustre. Beautiful reverse toning with a die break.
2633871814/3-MO HJ8 RVF3511Calbeto-875 - Extremely rare example of an 1814/3 with assayer initials HJ (Henrique B. Azorin and Joaquin Davila Madrid). With 5-10 pieces known, this is the true rarity in the Ferdinand VII draped bust series. Purchased in 2011 in Barcelona as a part of Jose Leunda collection sale. Pedigree noted on the holder. Nice original example with some minor planchet defects and stress marks. Previously in an NGC VF35 holder. This is the only 1814/3 HJ certified between both PCGS and NGC.
2633881814/3-MO JJ8 R  
5133051814-MO JJ8 RAU5324Calbeto-878 - Gorgeous original toning with shades of purple and gold.
2633901815/4-MO JJ8 R  
1401781815-MO JJ8 RAU5025Calbeto-881 - Attractive patina. Calbeto lists two varieties for this coin: one with straight letter bases, the other with "wavy". This one is wavy, however I believe this effect is due to the flow of metal during strike and not a separate die that was used.
5355201815-MO JJ/HJ8 R  
2633921816/5-MO JJ8 R  
1620741816-MO JJ8 RMS6310Calbeto-883 - Gorgeous color and superb state of preservation.
1401791817-MO JJ8 RAU5530Calbeto-884 - Beautifully toned and lustrous. Ex: NGC 61 holder
5133131818-MO JJ8 RAU5317Calbeto-886 - Lustrous and beautifully toned. Some die rust on reverse.
1511921819-MO JJ8 RAU5322Calbeto-887 - Colorful toning and some lustre remaining.
5133141820-MO JJ8 R  
5133151821-MO JJ8 RAU5520Calbeto-890 - Pleasant toning. Hard to find in mid-high AU or UNC.
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