An antique Mexican 8 reales collectible coin, mint

The 1796 Mexican 8 Reales is a silver Spanish Colonial "pillar dollar" featuring King Charles IV, typically bearing the Mexico City mint mark ("Mo") and assayer initials FM. These coins are often found with Chinese "chop marks" from circulation in Asia, with common prices ranging from roughly $150 to over $350 depending on condition (VG-AU), based on listings from eBay.Key Features and Details:Monarch: Charles IV (Carolus IIII).Mint: Mexico City (Mo).Composition: Silver (\(0.903\) fine).Weight: Approximately 27.07 grams.Significance: Widely used as international currency, with many featuring chop marks—small stamps added by merchants in Asia to verify silver purity.Value: Highly dependent on wear, mint state, and the presence of chop marks. Some examples are found in high-grade, AU (Almost Uncirculated) condition.