MEXICO. 8 Reales, 1733-MF. Philip V (1700-46). NGC MS-61.KM-103; Cal-Type 146#776; Gil-M-8-5; FC-3a. Small crown, two moldings atop pillars, Large dot above assayers letters. VERY RARE. The second year of issue of New World "Pillar Dollars". During this year the Mexico City Mint was still undergoing the process of modernizing with new minting equipment. Three types of 8 Reales were produced this year which included cobs, klippes, and the milled 8 Reales. For this reason the exact mintage for this type is unknown. It can be certain that is was quite low compared to later dates when the mint was fully equipped for the production of milled coinage. Well struck, lustrous and very attractive with soft grey tone highlighted with champagne in the peripheries which deepens to a light golden-red.
