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THE SPANISH MILLED DOLLAR

Category:  World Coins
Owner:  oldgoatsboats
Last Modified:  11/27/2012
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Slot: 1732-F
Origin/Country: Mexico 1732-47
Design Description: Pillar
Item Description: .9170 Silver..7980 oz. ASW, 8R 1732 MEXICO SEA SALVAGE KM 103, GIL M-8-31
Grade: NGC
Research: View Coin
Owner Comments
A very rare coin with the reverse having been in contact with salt water while the obverse was sheltered.

The first of the new minting machines to be installed overseas by the Imperial Spanish Government was appropriately sited in Mexico City, the seat of the Viceroy of New Spain since 1535, nine years before Blasco Nunez de Vela established his headquarters in Lima. The chief engraver from 1731 to 1760 was Francisco Monllor. He had responsibility to mint, in 1732, the first pillar coins in the five specified denominations (eight, four, two, one and half real pieces), closely following the pattern provided by Francisco Hernandez Escudero of the Segovia mint. This coin, which is still to be seen in the Mexican mint, bore a crowned M as mint mark, the regular sign of coins struck in Madrid from 1728 onwards. Naturally, this was replaced by the Mo symbol which had been used in Mexico City since the mints foundation in the reign of Philip II. No changes were made in the silver coinage until 1733, when for several months all five denominations used the letters MX in line without the "o" over the M. However, it was soon abandoned, and since then the Mo has continued in usage until the present day.


DESCRIPTION
OBVERSE: Shield of Arms of Castile and León, flanked by assayer letter (F Filipe Rivas de Angulo (1732-1733)) and denomination numeral (8).

Obv.Latin Legend:* PHILIP . V. D . G . HISPAN . ET IND . REX *
Expanded: PHILIP V DEI GRATIA HISPANIARUM ET INDIARUM REX
Translation: "PHILIP V by the Grace of God, King of the Spains and the Indies".

REVERSE: Crowned hemispheres, set on Gibraltar, between crowned and banner-entwined Pillars of Hercules labeled "PLUS" and "ULTRA" (More Beyond).

Rev. Latin Legend: VTRAQUE VNUM * Mo * 1733 * Mo *
Translation: "Both are One" (the old and the new world).
















Slot: 1733-F
Origin/Country: MEXICO - TO 1823
Design Description: Pillar
Item Description: 8R 1733MO F MILLED KM-103, GIL M-8-2
Grade: NGC AU Details
Research: View Coin
Slot: 1733(MX) F
Origin/Country: Mexico
Design Description: Pillar
Item Description: 8R 1733 MEXICO SEA SALVAGE KM 103, GIL M-8-2
Grade: NGC
Research: View Coin
Owner Comments
Two different dies were used in 1733 one with MX mint mark and one with Mo mint mark. There were also two different reverse crowns. A small size (12.5mm) wide and a large size (13.5mm) wide
Slot: 1733-MF, KLIPPE
Origin/Country: MEXICO - TO 1823 (1733-34)
Design Description: Klippe Shield and Cross
Item Description: 0.9160 Silver, 8R 1733MO MF KLIPPE EX: ROOSWIJK WRECK
Grade: NGC XF Details
Research: View Coin
Owner Comments
.

After gaining experience as an assistant assayer during the 1720s, Captain Felipe Rivas Anglo served as the working assayer during the period when the mint began to change from the handstruck, cob-style coins to the new, machined pieces produced on a screw press. In accordance with the royal decree of 9 June 1728, screw press production began on 29 March 1732. In reality, the introduction of the new and unfamiliar technology at first slowed production so that it was necessary to continue minting cobs into 1733. As a result, the assayer's initial F not only appears in 1732 on cob pieces and the new style "pillar dollar" pieces, but also in 1733 on the series of silver coins known as "klippes". The word thought to derive from the Swedish verb meaning to clip or cut with shears," is widely used to describe money produced in emergency situations like sieges, when time or facilities were lacking for the production of round planchets. The Spanish term for such coins is recortados--items that have been cut or trimmed more than once. The word reflects the reality of the period at the Mexican mint. The klippes were generally too large and had to be trimmed around the edges to obtain the proper weight. They were produced like cobs to make up the continued shortfall in milled coins, and were the last coin issued with the traditional Bourbon shield.












































Slot: 1734-MF
Origin/Country: MEXICO - TO 1823
Design Description: Pillar & Waves
Item Description: 8R 1734MO MF MILLED KM 103, GIL M-8-6
Grade: NGC XF Details
Research: View Coin
Owner Comments
DESCRIPTION:
OBVERSE: Shield of Arms of Castile and León, flanked by assayer letters (MF) and denomination numeral (8).

Latin Legend:* PHILIP . V. D . G . HISPAN . ET IND . REX *
Expanded: PHILIP V DEI GRATIA HISPANIARUM ET INDIARUM REX

Translation: "PHILIP V by the Grace of God, King of the Spains and the Indies".

REVERSE: Crowned hemispheres, set on Gibraltar, between crowned and banner-entwined Pillars of Hercules labeled "PLUS" & "ULTRA" (More Beyond).

Latin Legend: VTRAQUE VNUM * Mo * 1734 * Mo *

Translation: "Both are One" (the old and the new world)






Slot: 1735-MF
Origin/Country: MEXICO - TO 1823
Design Description: Pillar and Waves
Item Description: .9170 Silver..7980 oz. ASW, 8R 1735MO MF KM-103, GIL M-8-7
Grade: NGC XF 45
Research: View Coin
Owner Comments
DESCRIPTION:
OBVERSE: Shield of Arms of Castile and León, flanked by assayer letters (MF) and denomination numeral (8).
Obv. Latin Legend:* PHILIP . V. D . G . HISPAN . ET IND . REX *
Expanded: PHILIP V DEI GRATIA HISPANIARUM ET INDIARUM REX

Translation: "PHILIP V by the Grace of God, King of the Spains and the Indies".
Slot: 1736-MF
Origin/Country: Mexico 1732-1771
Design Description: Pillar
Item Description: 8R 1736 MEXICO REPAIRED KM 103, GIL M-8-8
Grade: NGC
Research: View Coin
Slot: 1737-MF
Origin/Country: MEXICO - TO 1823
Design Description: Pillars and Waves
Item Description: 8R 1737MO MF KM 103, GIL M-8-9
Grade: NGC AU Details
Research: View Coin
Slot: 1738-MF
Origin/Country: MEXICO - TO 1823
Design Description: PIillars and Waves
Item Description: 8R 1738MO MF KM 103, GIL M-8-10
Grade: NGC XF Details
Research: View Coin
Owner Comments
A small chop between the 7 and the 3 in the date.
Slot: 1739-MF
Origin/Country: MEXICO - TO 1823
Design Description: Pillar
Item Description: 8R 1739MO MF KM 103, GIL 8-M-11
Grade: NGC XF 40
Research: View Coin
Slot: 1740-MF
Origin/Country: MEXICO - TO 1823
Design Description: Pillar
Item Description: 8R 1740MO MF KM 103, GIL M-8-12
Grade: NGC XF Details
Research: View Coin
Slot: 1741-MF
Origin/Country: MEXICO - TO 1823
Design Description: Pillar
Item Description: 8R 1741MO MF KM 103, GIL M-8-13
Grade: NGC AU Details
Research: View Coin
Slot: 1742-MF
Origin/Country: MEXICO - TO 1823
Design Description: Pillar
Item Description: 8R 1742MO MF KM 103, GIL M-8-14
Grade: NGC XF Details
Research: View Coin
Slot: 1743/2MF
Origin/Country: MEXICO - TO 1823
Design Description: Pillar
Item Description: 8R 1743/2MO MF KM 103, GIL M-8-15a
Grade: NGC XF 45
Research: View Coin
Slot: 1744-MF
Origin/Country: MEXICO - TO 1823
Design Description: Pillar
Item Description: 8R 1744MO MF KM 103, GIL M-8-16
Grade: NGC XF 40
Research: View Coin
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