Spanish Colonial 8-Reales Pillar Coinage

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Western civilization was brought to the Philippines after its 'discovery' in 1521 by Fernando Magallanes (Ferdinand Magellan), and its eventual colonization by Miguel Lopez de Legaspi in 1565 on behalf of Spain. Spain stretched its economic and political influence from central and south America to Philippines in the far east. In terms of economics, its gold and silver coins are used by merchants and traders in conducting business.

The Spanish King Philip V (1701-1746) introduced in 1732 the milled coinage. This was to counter widespread 'chipping" of cob-type hammered coins. The first of these design is the Pillar design. The Pillars became very popular among traders for its design and its silver content, which was quite high during those period.

The Pillars were struck until 1772 by the silver mints of the Spanish colonies in central and south America.

This website provides all readers, collectors, dealers with a cataloguing guide that is quite useful in the identification of specific variants of the Spanish Colonial Pillar 8-Reales series. Each variant was given a code based on its variation to the basic design.

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WHAT'S NEW :

May 30, 1999. Posted a page on a undocumented? Lima Pillar 8-Reales.
Mar 2, 1999. Added "RELATED LINKS", which initially contains eBay auction results of Pillar 8-Reales for the month of February. Could serve as some baseline price guide for some of the variants.
Dec 6, 1998. Additional 8 images added for Lima variants. Superior Stamps and Coins auctions a number of Pillar at NY (Dec 4 - 5, 1998).
Nov 25, 1998. Additional 9 unconfirmed varieties recognized for Mexico mint as taken from KM-SCWC, mostly overstrikces. Additional images were also added for Mexico 43-MF-1 and 53-MF-2 variants.
Oct 10, 1998. New variants added for Lima. New major Variants added for Lima -- "No Dot on Mintmark" variation. Additional images were also added for the other mints.
Sept 28, 1998. More images for Mexico mint. New Summary Tables with images. Revised Design Variation Coding for Guatemala. Relevance of the actual elevations of crown over globes and globes over waves are minimized.
Sept 3, 1998. More images and rarity population notes added for Potosi, Guatemala and Santiago mints. There is also a page on counterfeit Santiago specimens (please follow the Santiago link).
August 23, 1998. Major revision of this website. Also marks the launching of this site as a formal Catalog Guide.
May 10, 1998. New link the "The 1-Piso of the Philippines" website.

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This amateur website is dedicated to our interest on the Spanish Colonial Pillar Coinage, specifically the 'crown-size' 8-Reales, which were minted during the mid-18th century. This site is based on consolidated materials from reference books, reference catalogs, auction catalogs and some few internet pages. During the course of gather information, I found the internet to be rather deficient on this topic. Also, printed materials were quite different in its approach to this interested. Thus it was decided that a website will be dedicated to this. A printed form is being considered.

A Catalog Guide to the Spanish Colonial 8-Reales Pillar
Copyright 1998. All Rights Reserved.
This website was created and maintained by JTChen (Iligan City, Philippines)
in joint cooperation with CJara (Santiago, Chile)

This site was posted on May 2, 1998. Updated last May 29, 1999.