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<p>[QUOTE="World Colonial, post: 2487172, member: 78153"]The pillar series is one of the most recognized in the world. The 1732 Mexico 8 reales is generally considered the most highly sought after coin in the series. The 4R is similar except that it is half dollar sized instead dollar sized and is quite a bit scarcer. As a denomination, the 4 reales is relatively scarce collectively but there aren't very many decent coins available. As a date/MM combination, all of them are either scarce or rare in anything other than damaged or impaired condition. The 1732 is considered the most significant in the series (maybe after the 1758 and 1760 Chile) both as the first date and its scarcity, similar to other coins. Gilboy claims one to three are know (R5) but I'd guess it's probably actually an R4 with four to 10.</p><p><br /></p><p>I consider the DBSE half preferable to a pillar 4R generically but not this particular coin. My assumption is that collective perception differs 180 degrees or substantially depending upon whether it is a US collector or otherwise. Most US collectors will presumably consider the DBSE half a preferable coin. I equally suspect that hardly any foreign collector who is aware of the merits of both will think likewise because they don't hold US coins in the same esteem.[/QUOTE]</p><p><br /></p>
[QUOTE="World Colonial, post: 2487172, member: 78153"]The pillar series is one of the most recognized in the world. The 1732 Mexico 8 reales is generally considered the most highly sought after coin in the series. The 4R is similar except that it is half dollar sized instead dollar sized and is quite a bit scarcer. As a denomination, the 4 reales is relatively scarce collectively but there aren't very many decent coins available. As a date/MM combination, all of them are either scarce or rare in anything other than damaged or impaired condition. The 1732 is considered the most significant in the series (maybe after the 1758 and 1760 Chile) both as the first date and its scarcity, similar to other coins. Gilboy claims one to three are know (R5) but I'd guess it's probably actually an R4 with four to 10. I consider the DBSE half preferable to a pillar 4R generically but not this particular coin. My assumption is that collective perception differs 180 degrees or substantially depending upon whether it is a US collector or otherwise. Most US collectors will presumably consider the DBSE half a preferable coin. I equally suspect that hardly any foreign collector who is aware of the merits of both will think likewise because they don't hold US coins in the same esteem.[/QUOTE]
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