What is this?

[Nickel Searcher 219]

I bought it at a coin store today for a buck.just want to know what it it and what it is worth.Thanks,
Nickel Searcher 219

 

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[Nickel Searcher 219]

also,does it being off-center make it more valuable?

 

[Coin Town]

I bought it at a coin store today for a buck.just want to know what it it and what it is worth.Thanks,
Nickel Searcher 219

Your other post (in the CRH forum) said you bought this from a friend who found it CRH...which one is it?

Sweet coin either way!!! For a buck you can't eat it!!!

 

[Nickel Searcher 219]

Friend.He didnt want me to mention him...He is paranoid as all get out,but I promised I would say anything personal about him,so he let me.

 

[Henry2]

Its a reale

 

[MrSchulz]

1788 spanish reale known as pillar dollar or piece of eight. Basically an early American Silver Dollar. It being struck somewhat "offcenter" does not add any extra value as most are struck like that (see common large cents).. now if it was atleast 20% off center, than you would have something there but overall its a great coin as is right now.

 

[Mackaydon]

It is neither a 'real' nor a 'piece of eight' nor an early American dollar but rather a 1/2 real composed of .9027 silver.
1788 Carlos III; minted in Mexico City; the assayer's initials are 'FM'.
Don...

 

[Diggin-N-Dumps]

It is neither a 'real' nor a 'piece of eight' nor an early American dollar but rather a 1/2 real composed of .9027 silver.
1788 Carlos III; minted in Mexico City; the assayer's initials are 'FM'.
Don...

Damn..You are a wealth of knowledge

 

[adaminnh]

Lotta knowledgable folks around here friend. Cool thing is when you learn something, you'll be able to help someone else down the road. Big shoutout to all the brains around here!

 

[Deckguy]

you had me at Reale! nice coin