“Chop marked” coins are artifacts of the old trade between East and West, going back as far as a quarter-millennium before the present day: silver “trade dollars” from the West that circulated in China, where merchants punched characters in their surfaces to verify their silver contents when they changed hands. In the modern collectors’ market, these chop marks — long seen as simply being flaws — are taking on a new significance as evidence of incredible backstories and lengthy historical journeys of the coins that carry them, making them affordable investments with the potential to rise substantially in future value as genuinely antique collectibles. A great example is the 8 Reales Spanish Empire Bust Type Silver Coin, now available from Provident Metals.
The 8 Reales Spanish Empire Bust Type Silver Coin is available to you in a protective plastic flip-cap container, with each shipment fully insured against even the most remote chance of mishap in transit by the team at Provident Metals. These coins come from a range of dates spanning some fifty-four years from the late 18th to the early 19th centuries.
Obverse & Reverse
The influential Spanish dollar or “piece of eight” coin has an iconic design that’s easily recognizable on these coins. The obverse side features the bust of a monarch — often, but not always, King Charles V — and the Spanish coat of arms dominates the reverse. Pieces will show the extensive wear of centuries of circulation along with the “chop marks” of Asian trade: the traces of their history that now make them special.
The Spanish dollar or “piece of eight” coin is one of the most influential currencies in world history, in many ways the first standardized international coinage of the modern era. Its design directly influenced coinage across Europe and the Americas — including the American silver dollar — and subsequently transformed coinage in Asia when it was first approved for circulation in China in the late 18th century. In that market, it was a pioneering example of the “trade dollar” and of the interface between very different cultures: Asian merchants and bankers didn’t set any stock in a foreign coin’s face value, and opted to verify its contents independently using the system that would become known to the West as “chop marks.”
Contact Provident Metals today to learn more about investing, or about any of our items. Call us at 800-313-3315, send us an e-mail inquiry, or chat with us live online.
When the subtotal of your purchase, including applicable discounts, is $199 or more, you receive free shipping for your entire order. In order to receive free shipping on purchases of $199 or more, you must live within the 50 US states. For orders less than $199, a $9.95 shipping fee applies. All products are discreetly packaged and shipped with full insurance included.
Most Provident orders are shipped within one (1) business day of your payment clearing. Payments made via PayPal clear instantly. Bitcoin payments clear instantly once the transaction is confirmed. Credit Card and bank wire payments process within 1 business day. ACH and paper check payments take 3-5 business days. Once payments are processed, products are released to fulfillment for packaging and shipping.
All orders of $199 or more that are eligible for free shipping are, by default, shipped via a carrier of our choice (USPS or UPS). Depending on the contents and size of your purchase, you may be able to upgrade to a specific carrier during checkout.
For those orders of $999.99 or less, there is no need to sign for your package. However, you may select the option to require a signature at delivery if you want. This can be chosen and paid for at checkout. All orders of $1000 or more require a signature to complete delivery.
Provident is only able to ship to addresses in any of the 50 US states. This includes P.O. boxes and APO addresses.
|Mint Mark||MO- Mexico City|
|Certificate of Authenticity||No|
|Metal Content||0.7734 Troy Ounce|
|Shipping||Orders over $199 Ship Free|
|Packaging Dimensions||2 x 2 x .5|