1732-Mo F 8 R Calico-1437 NGC MS61
Coin ID: 4495912-001
The 2nd Finest Known! The lone finer MS63 last sold for $152,750! Extraordinary Near Prooflike Surfaces! Exemplary Quality! The “KEY” Pillar Dollar!! The Pillar Dollar is one of the most important and extensively circulated silver coins produced throughout the world prior to the introduction of the American monetary system. Through a Royal Decree in 1728, circular coins were authorized for production throughout the Spanish realm - but it wouldn't be until 1732 when the first one was struck. The 1732 Pillar Dollar is the key of the series and the one to own if you're a purveyor of history's most important coins. The surfaces are incredibly watery with an outstanding strike and centering. Of course, the lone finer example, an MS63, last sold for $152,750 - a testament to the importance of this issue. Even an AU58 is still a $40,000 coin! We love where world coins are headed in this market. If you think of all the billions of people on our planet, it only takes a few to have an interest in such incredible pieces for demand to soar. Indeed, any American coin of this importance might be worth multiples at the least. Think of it like a 1794 Dollar, but far rarer. A phenomenal offering ready to take its new position in any world class collection.