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<p>[QUOTE=&quot;jay4202472000, post: 1942287, member: 42573&quot;]I&#039;m doing my presentation on one of the first milled coins to circulate in America.&nbsp; One of the first milled coins to</p><p>circulate in America was the Spanish Milled Dollar, also known as the Pieces of Eight, or Eight-Real Coin.&nbsp; In 1732, the Mexico City mint began striking milled coins.&nbsp; Milled coins are coins struck using machinery, instead of being hammered.&nbsp; I am showing how they changed, until the Coinage Act of 1792.&nbsp; I chose to present this coin because it is a historic and beautiful piece that I would be proud to have in my collection.</p><p><br /></p><p>The first 8 Reales, that was milled in Mexico City, was struck from 1732-1747.&nbsp; It was made of 0.917 fine silver and weighed 27.067g.&nbsp; The obverse portrays a crowned shield, and the reverse has crowned globes flanked by crowned pillars, with date below.</p><p>[ATTACH=full]337462[/ATTACH] [ATTACH=full]337463[/ATTACH] </p><p><br /></p><p>The next was struck from 1747-1754.&nbsp; It was made of 0.917 fine silver and weighed 27.067 g.&nbsp; This coin was very similar to the previous issue.&nbsp; The rulers&#039; name changed from Philip V to Ferdinand VI.</p><p><br /></p><p>[ATTACH=full]337464[/ATTACH] </p><p><br /></p><p><br /></p><p>The next issue was struck from 1754-1760.&nbsp; It was also made of 0.917 fine silver and the weight remained the same. Ferdinand VI remained the ruler, so the main change to the design took place on the crown, on the left pillar of the reverse.&nbsp; It changed to an imperial crown.</p><p><br /></p><p>&nbsp;</p><p>[ATTACH=full]337469[/ATTACH] </p><p><br /></p><p>The next issue was struck from 1760-1771.&nbsp; Silver content and weight remained the same.&nbsp; This time the ruler changed to Charles III.</p><p><br /></p><p>[ATTACH=full]337470[/ATTACH] </p><p>[ATTACH=full]337471[/ATTACH] </p><p><br /></p><p>The fifth issue marked the first major design change.&nbsp; Charles III remained the ruler, but the obverse design changed to an armored bust of Charles III, facing right.&nbsp; The date was also moved from the reverse to the obverse.&nbsp; The reverse portrayed a crowned shield flanked by pillars.&nbsp; The assayer initials and mint mark were, oddly, inverted from all other words.&nbsp; The silver content changed to 0.903, but the weight didn&#039;t change.&nbsp; This issue was only minted in 1772 and 1773.</p><p><br /></p><p>[ATTACH=full]337472[/ATTACH] </p><p>[ATTACH=full]337473[/ATTACH] </p><p><br /></p><p>The next issue corrected the assayer initials and mint mark, and everything else remained constant.&nbsp; These were minted from 1773-1784.&nbsp; From 1785-1789 the silver content changed to 0.896 fine, but the overall design and weight remained constant.&nbsp; In 1789, the silver content was changed back to 0.903 fine.&nbsp; While the overall design stayed the same, the rulers&#039; name changed to Charles IV.&nbsp; In 1791, the silver content changed back to 0.896.&nbsp; Everything else remained constant and continued until 1808.</p><p><br /></p><p>[ATTACH=full]337476[/ATTACH] </p><p>[ATTACH=full]337477[/ATTACH] </p><p><br /></p><p>The Coinage Act of 1792 took place in the middle of this run, so this is where my type set ends.&nbsp; I hope you guys enjoy, and I am looking forward to comments.</p><p><br /></p><p><u><i><b>As a side note:&nbsp; All images are courtesy of <a href="http://www.coinfactswiki.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinfactswiki.com" rel="nofollow">http://www.coinfactswiki.com</a>.</b></i></u>[/QUOTE]</p><p><br /></p>

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