The Columnario was circulated throughout the New World. Until 1857, Columnarios were circulated as legal tender in the US colonies.
The design on the reverse side of the Columnario has two pillars. Each pillar bears a crown at the top with a banner running up each pillar. Words on the banners spell out. "PLUS ULTRA", which means "more beyond". This side of the coin also includes the letters VTRAQUE VNUM, which when translated means "Both are One". This was a reference to the Old and New World. The date of mint is located at the bottom, as well as a mint mark on each side of the date.
|SPAIN MEXICO 8 REALES 1770-MF PILLAR DOLLAR "COLUMNARIO" CHOICE GEM EF/AU RARE|
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|1770 SPAIN POTOSI COLUMNARIO SILVER TWO REALES-BENT-MAR141|
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The obverse side of the coin includes the Crown's name followed by D G HISPAN ET IND REX, which means, "By the Grace of God, King of Spain and the West Indies." On the left is the assayer's mark, and on the right is the denomination. A shield with royal crown sits at the top.
Circling around the outside edge of the coin is a design of Laurel leaves. Oftentimes this part of the coin is used to determine any counterfeits, as it is difficult to replicate this part of the coin.