A quick question about the market for piller dollars.

Hello, I have a quick question about pillar dollars. I am looking to purchase a pillar dollar sometime in the near future, and I am wondering how much, as a ball park estimate how much would a common date pillar dollar, with average eye appeal in VF20-VF30 condition cost? Also, are there any references that you recommend that I should look at to learn more about them. Thank you for any knowledge provided in advance.

 

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If you mean the 8 reales from Mexico, here is the cheapest that I found on heritage that sold this year.
It's XF 40 NGC and sold for $447

https://coins.ha.com/itm/mexico/wor...-37584.s?ic4=ListView-ShortDescription-071515

Check the heritage archives for more prices. If you don't have an account, then you can sign up for free (and view all the archives):
https://coins.ha.com/c/search-resul...ory&ic4=Refine-CoinCategory-102615#expand-304

 

Here are two articles I found with some basic info:
http://www.coinworld.com/news/us-co...llar-coveted-by-u-s--coin-collectors.all.html

http://coinsite.com/spanish-8-reales-milled-and-pillar-dollars/

 

Thak you so much ddddd! This helps a ton!

 

You're welcome! I don't collect these, but do agree that they look cool! I certainly would not mind owning one.
Hopefully some other members will chime in with their knowledge about these coins.

 

AU 1740 Mexico City one at my LCS for $550. I held and stared at it for a long time while buying some Spanish silver today.

 

Thank you, and they do look so cool! They would be a neat addition, considering their history.

 

Brandon,
I'm seeing about $350+/- for a non slabbed common late date (Carlos III) VF+ these days.

Happy hunting!

 

ddddd.Thanks for the link, great info.

 

i bought mine for 250. it has a few scratches.

 

Common XF pillars with nice original surfaces can be found around $300 as GDJMSP mentioned. Certified would bump that up by around $50-100.

 

Nice, hey the scratches are hardly noticeable to me! The coin looks really good!