Spanish Colonial Eight Reales

Also known as: Piece of Eight, Pillar Dollar, Spanish Dollar

DocumentedSupported by at least one credible specialist source.

Period

16th–19th century

Issuing entity

Spanish Empire

Large silver coin of eight reales struck under Spanish authority in Europe and at colonial mints in the Americas, circulating internationally as a trade coin.

Historical context

The eight reales underpinned trade across the Americas and Asia and served as a reference for several later national dollar units.

Physical characteristics

Metal
Silver
Denomination
Eight reales

Technical characteristics

Fabric
Early cob issues struck on irregular flans; later milled issues on round flans

Design

Reverse (milled type)
Two globes between pillars, giving the pillar dollar name

Identification

Mint marks
Colonial mints including Mexico, Potosi and Lima are identified by distinct marks

Catalogue references

No catalogue numbers recorded. Numbers are only published once transcribed from a verified edition of a standard catalogue — they are never inferred.

Research required

  • Weight and fineness standards by period to be transcribed from a verified reference
  • Mint mark table to be compiled from a documented source
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