1867-1897 Mexico Silver 8 Reales Cap-Ray NGC MS62

Metal ValueUS$ 12.83

COMPOUND COMMODITYCOIN WEIGHTCOMPOUND WEIGHT %COMMODITY PRICEMETAL VALUE
Silver27.07 Grams90.3 %US$ 14.88/ounceUS$ 12.83

MINT SPECIFICATIONSNA
OBVERSE IMAGENA
REVERSE IMAGENA
METAL COMPOSITIONSilver : 90.3%
WEIGHT27.07 Grams

1867-1897 Mexico Silver 8 Reales Cap-Ray NGC MS62

 Product Description:

Before the U.S. Mint started striking Morgan Silver Dollars, there was a desperate shortage of silver coins in the Old West. The gap was filled by these Mexican 8 Reales 'Silver Dollars.' They're known as Cap and Ray Dollars because of the Liberty cap and sun's rays on the obverse. Cowboys used them, ne'er-do-wells stole them and folks bought life's essentials with them-and they were certainly the 'dollars' carried by 'the man with no name'! When we were offered a small hoard in Mint State condition dating between 1867 and 1897 we lassoed them in for you.

Specification:

Country Origin:   Mexico

Composition Type:   Silver

Denomination:   8.00

Grade Type:   MS62

Condition Type:   Uncirculated

Purity:   0.9030

Coin Weight:   27.07 Grams - g

Mint Name:   Mexico Mint

Dimensions:   38.1 MM

Currency Type:   Reale