Owner Comments:
THIS COIN"S PLACE IN HISTORY
This is an example of the 4 Reales known as the "Early Series" (1536-1541). They are undated and minted during the reign of Charles I and Juana of Spain. They were struck beginning in 1537 at the Mexico mint and were minted from 1537 to 1541 and were known as the Pillars design.
This is a very rare speciman in VF condition with nearly complete legends on both sides. The obverse shield of Spain is complete along with the mintmark, oMo and assayer initial oPo. The names of the king and queen are boldly struck in the reverse legend.
DESCRIPTION:
OBVERSE: Crowned arms, Latin M's for mint mark (oMo) to the left and assayer (oPo Pedo de Espina) to the right.
Obv. Legend: in Latin incircling the rim: (KAROLVS * ET * IOHANA * RE
REVERSE: Crowned Pillars with the denomination (4) between them. In the early coins the 4 was slanted.
Rev. Legend: (HISPANIARVM ET INDIARVM)
Legend Translation : Charles and Johana King of Spain and the Indies.