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The value of coins vary greatly with condition. Within mint state (new) coins the condition and value also varies greatly. If the coin mentioned were in fact truly a gem bu. Gem bu being defined as ms (mint state) 65 or better it would be quite valuable. Probably in the $ 10,000 range. If it were choice bu (ms 63) it would be closer to $ 2,500 and if it were just bu (ms 60) it would be valued at about $ 800. Circulated examples vf sell for about $ 200 and xf for $300. Since the value increases so dramatically between ms60 and ms65. It would be just about impossible to sell the coin as a gem bu without it being certified as to grade by one of the major coin certification services. Hope this helps.

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Q: What is the value of a gem bu 1742 mf Mexico 8 reales pillar dollar?
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