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<p>[QUOTE=&quot;robinjojo, post: 25392368, member: 110226&quot;]The Mexican &quot;cap and rays&quot; 8 reales have a long and storied history as the dominant trade coin in China and other parts of Asia, and for a period as legal tender in the United States.&nbsp; Other countries attempted to introduce trade dollar for Asian trade, including the United States, Japan and Great Britain, but with little success, particularly for the United States.</p><p><br /></p><p>The first cap and rays 8 reales appeared in 1823.&nbsp; The reverse design at that time was a profile eagle standing on a cactus.&nbsp; This design continued through 1824 for Mexico City, when towards the later part of that year a facing eagle, a design that continued for the duration of coin production.&nbsp; The profile eagle continued at Durango and Guanajuato, in the case of the former, 1824 and for the latter part of 1825.</p><p><br /></p><p>Here&#039;s an example of a Durango mint profile or &quot;hook neck&quot; 8 reales of 1824.</p><p><br /></p><p>Mexico, 8 reales, 1824 RL, Durango.&nbsp; &quot;Defiant style snake&quot;.&nbsp; Ex. Freeman Craig.</p><p>KM 376.1</p><p>26.03 grams</p><p><br /></p><p>[ATTACH=full]1626040[/ATTACH]</p><p><br /></p><p>And here&#039;s an example of the final facing eagle design, 1824, Mexico City.&nbsp; This type, for Mexico City, is much scarcer than the hook neck design for 1824.</p><p><br /></p><p>Mexico City, 8 reales, 1824 JM. Facing eagle, round tail variety.</p><p>KM 377.10</p><p>27.00 grams</p><p><br /></p><p>[ATTACH=full]1626045[/ATTACH][/QUOTE]</p><p><br /></p>

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