N° 956 | Bolivia 8 Reales 1787 PTS PR NGC AU55

956 - Bolivia 8 Reales 1787 PTS PR NGC AU55
956 - Bolivia 8 Reales 1787 PTS PR NGC AU55

Description

KM# 55, N# 52832; Silver 27.07 g.; Potosi Mint; AUNC

GPT Description

The Bolivia 8 Reales 1787 PTS PR NGC AU55 coin is a fascinating piece of numismatic history from the Potosi Mint in Bolivia. This particular coin is graded AU55 by NGC, indicating that it is in Almost Uncirculated condition. The 8 Reales coin was a widely used denomination during the colonial period in Latin America, and Bolivia, known as "Upper Peru" at the time, was a significant producer of silver coins. The Potosi Mint, located in present-day Bolivia, was one of the most important mints in the Spanish colonial empire, known for its rich silver deposits. The year 1787 falls within a period of great economic and political significance for Bolivia. In the late 18th century, Bolivia was a major source of silver for the Spanish Empire, and the 8 Reales coin was a key component of the global economy, widely used in trade and commerce. This particular coin, with its KM# 55 and N# 52832 references, is a valuable piece of history that reflects Bolivia's colonial past and its role in the global silver trade. The AU55 grade indicates that it has seen some circulation but remains in excellent condition, making it a desirable addition to any numismatic collection.
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