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Counterfeit - 8 Reales

Issuer Casa de Moneda de México (Mexico City Mint)
Year 1732
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Reference(s) KM#103
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Obverse lettering PHILIP V D G HISPAN ET IND REX
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Reverse script Latin
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Additional information

The 1732 Mexico City 8 reales marks the first year of milled coinage at that mint — the debut of the "columnario" machine-struck series — making it one of the most historically significant dates in New World silver coinage and a predictable target for fakers. This example is struck in nickel silver rather than the correct sterling, an immediately diagnostic tell requiring no further analysis. Contemporary counterfeits were typically cast; a struck fake in modern alloy points to a twentieth-century tourist piece or collector deception rather than anything produced to pass in trade.

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