Struck over 250 years ago in Lima, Peru, this group of silver eight reales are referred to as “Pillar Dollars” due to the design on the obverse showing the Pillars of Hercules. These are rare in any condition and the mint state examples we’re offering are among the finest available in the world today.
1754 Peruvian 8 Reale MS 62
Struck in Peru from 1751-1772, these large and impressive silver coins were actually legal tender in the United States until 1857. In fact, the US Dollar is based on the size and metal standard found in the silver 8 Real coin. Furthermore, the design on the front of the coin is the origin for the Dollar Symbol that we use today.
Under 50 coins total have been certified for this date with only six known finer than the MS62 example shown here. If you’re looking for a higher or lower graded example, we have a few—give us a call for availability. Highly recommended and supplies are very limited.