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<p>[QUOTE=&quot;kevin McGonigal, post: 2935452, member: 72790&quot;]Maybe more to it than that. The mint tried to put into circulation coins that were needed. The country was still well supplied with two real pieces from Latin American countries in the early to mid 19th Century, so too with the eight Reales pillar dollars. They were a commonly produced and circulated coin. Plenty of them out their and no need to mint equivalents. Strangely enough the Spanish 4 Reales coin was an uncommon coin in Latin America and therefore, so too, in the US. Those readers with a Kraus book can see the mint production figures of the four Reales coin and they are low and they command more of a premium than the larger, but more common, pieces of eight by collectors. In the early 1800&#039;s the&nbsp; US had no need for more silver dollar or quarter dollar Spanish equivalents but there was a need for the 4 Reales, 50 cent equivalent, hence the high volume mintages.[/QUOTE]</p><p><br /></p>

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