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<p>[QUOTE=&quot;GDJMSP, post: 8815, member: 112&quot;]In many ways this is the most important coin there ever was - </p><p><br /></p><p><img src="http://www.users.uswest.net/~pdoug5/1761-M%208%20reale%20obv.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><img src="http://www.users.uswest.net/~pdoug5/1761-M%208%20reale%20rev.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p>This coin - and millions of others like it - were the most widely circulated coins the world has ever seen. It circulated and was accepted as valid coinage around the globe for hundreds of years.</p><p><br /></p><p>In the USA - it was the single most widely used and circulated coin up until 1857. In the beginning - the US had very, very few coins of their own. But there were millions of the Spanish Pillar Dollars. They are the coins that the people of this country used - along with the rest of the world at the time. This coin also provided the basis for our current coinage system and the denominations we use still today.[/QUOTE]</p><p><br /></p>

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