Mexico Silver Pillar Dollar (Counterfeit) 1732

This is a replica of one of my favorite coins, Loretta. As a replica, it is worth essentially nothing. What it represents is an large silver coin called an Eight Reales from the Spanish Colony of Mexico. The large M and small o means 'Mexico' on coins, even today.

When the Spanish colonized the New World they exploited the large silver and gold deposits in Mexico and South America. To transport the booty to Spain, they minted the precious metal into coins like this one. When pirates captured these coins, or when ships carrying them sunk, treasure coins were born. The term Piece of Eight comes from the Spanish denomination of Eight Reales. Coins like this circulated throughout the New World. The infant United States adopted the Spanish silver dollar as a standard for their coinage.

So your coin has a lot of history, Loretta. But it does not have any value. For more info, click to this CoinQuest link.
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Coin: 13081, Genre: Colonizers and Colonies, Timeline: World
Created (yyyymm): 201210, Last review: 201708
Appearance: Normal round coin Dark metallic Letters: Latin
Years: sort: 1732, filter: 1732 to 1732
Image: mexico_silver_pillar_dollar.jpg
Tags: vnum stemming vtraque tiera bloomed mexican garland vtr light waves reif wavy fake piece stem ribbons leis lilly limb fleur forges mexicano branch wavey flour sliver mexicanos piller mexio tiarra blossom lis upright flur colonia sticks hercule forge colonnes bouquet 2nd petels tiara orb globe forgery flowers petal orchid crown globes reef petals waive wave herculius sphere doller siver hercvles spray wreah feinsilber silver cros fler spheres mexicana flower piastre column piastries crowning globus fakes waving utraque replicas forger trefoil stalks counterfeit preso wreath twigs repro crowns silber mex twig sprigs silverish hercules replica lises lily crowned balls bud aux herakles dollare pedals trefoils sprays columns pieces wreathed lilys sash sprig mexico branched counterfiet pillar branches herculane wreth counterfet floer fluer argent fleures reproduction stick lei floral dollars rief ball pillars piastres vtra dollar peso dogwood peice stalk branching lisse heracles stems dol hercvlis heraclius earth counterfeits wreaths wreathe colones flowery wreat hemisphere silb fleurs ribon pesos dolls orcid piasters silba reproductions ribbon