Image: Wikimedia Commons · Windrain · CC BY-SA 4.0
4 Reales Peru
Peru
1568–1821
Reference data compiled from public catalogs
Estimated Melt Value
$30.85
Based on Silver spot price ($78.96/oz) · 90.0% purity · 13.5g
Updated 10:08 PM
Collector premium not included
Specifications
| Country | Peru |
| Years Minted | 1568–1821 |
| Composition | Silver |
| Weight | 13.5 g |
| Diameter | 32 mm |
| Shape | Round |
| Edge | Plain |
Design
Obverse
Depicts the bust of the Spanish monarch or the royal coat of arms.
Reverse
Features the Pillars of Hercules with waves and the denomination.
History & Notable Facts
The 4 Reales from Peru played a key role in the Manila Galleon trade, with thousands shipped across the Pacific to buy Chinese silks and porcelain. That global reach turned a simple silver coin into a currency bridge between continents.
Struck at the Potosí mint using locally mined silver, these pieces often featured the Pillars of Hercules design on one side and a cross on the other. Planchets were sometimes irregular, hammered from recycled metal scraps, which made for uneven edges but ensured steady production over two and a half centuries.
We don't know the exact mintage for most years; colonial records were spotty and often destroyed. Still, their commonality meant they were everywhere from Lima markets to European ports.
One theory suggests these coins funded more than trade—they might have bankrolled pirate ventures, though that's harder to prove than spotting one in a dealer's tray.
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