elf Bolivia Spanish 1 Real 1768 PTS JR What Pirates Wanted Carlos III

Description

KM 47, four year type, issued during the reign of King Carlos III of Spain.  Five cent size silver coin, with the coat of arms on the obverse.
The mintmark is a monogram of PTS for Potosi.
Like all other Spanish colonial silver, this coin was legal tender in the United States until 1857. The Spanish 8 reales was the basis for the U.S. dollar. A real was also called a "bit" (especially when a coin was cut to make change); this is why a U. S. quarter dollar is sometimes called "two bits".
We invite you to view our other eBay lots, and visit our eBay store, to see coins from a wide variety of locations throughout the world.
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10/1768