Most of these big, silver coins you see today are worn down to very little, leaving them with only a small collectible value. Those you see with good eye-appeal are usually common dates. But once in a while you may get lucky and come across a better date with certain details, and these can be worth well over a thousand dollars!
Struck for only five years, these coins were often overstruck on similarly-sized Spanish Colonial 8 reales coins. On the side with the four-leaf clovers, there will sometimes be a faint coat-of-arms visible in the center. Coins that show remnants of the host coin command a premium from collectors. The more of the host coin that can be seen (mint mark, assayer's initials, date etc.) the higher the premium.
For most coins and dates, refer to the values below:
COMMON COINS WITH 'R' MINT MARK:
worn: $20 US dollars approximate catalog value
average circulated: $40
well preserved: $75
fully uncirculated: $150
COMMON COINS WITH 'B' MINT MARK:
average circulated: $110
well preserved: $200
fully uncirculated: $280
COINS DATED 1823R WITH 'IGNO' (NOT 'SIGNO') ABOVE CROWN:
average circulated: $500
well preserved: $900
fully uncirculated: $1350
RARE DATE 1826B:
average circulated: $800
well preserved: $2300
fully uncirculated: $3200
RARE DATE 1827R:
average circulated: $3500
well preserved: $6000
barely discernable: add 25% premium
readable mint mark or date: add 100% premium
readable mint mark *and* date: add 150% premium
NEVER CLEAN YOUR COINS - CLEANING RUINS VALUE!
Cleaned, holed, gouged, heavily scratched or otherwise damaged coins will be worth much less than the values quoted above. Refer to our 'Important Terminology' page found on the top left in order to properly interpret these catalog values.