1750 8 Reales Pillar - what do you think?

For twenty bucks, I'd buy it and make it a pocket piece. If it's at least silver, you really can't go wrong.

 

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The OP's coin looks OK to me, it probably spent some time under the sea (shipwreck).

I assume that the OP's coin is an Ebay sale as he mentions feedback, and if so, it will sell for much more than $20.

I have a similar cleaned pillar dollar from 1748.


Spanish America 8 Reales 1748 - Mexico Mint

 

I would like to take a closer look to the rim.
There are no bargains out there...so
https://www.cointalk.com/threads/8-reales-spanish-empire-and-peninsulars-for-all.258294/

 

Doesn't look authentic to me.