THE HiISTORY OF SPANISH COLONIAL COINS IN THE NEW WORLD
THE FIRST 8 REALES, PORTRAIT
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Coin Details
| Origin/Country: |
MEXICO - TO 1823 1773 -1784 |
| Design Description: |
Armored Bust Charles III |
| Item Description: |
0.9030 Silver..7858 oz. ASW, 8R 1775MO FM KM-106.2 |
| Full Grade: |
NGC XF Details |
| Owner: |
oldgoatsboats |
Owner Comments:
THIS COIN'S PLACE IN HISTORY
DESCRIPTION:
This type is the sixth and last type of Spanish Colonial silver coinage struck in the New World and is the Milled Portrait type. These were machine struck on full-sized round planchets.
OBVERSE:
The design was modified to replace the arms of Leon and Castile with an armored bust of the king and a legend giving the king's name and title as, CAROLUS III DEI GRATIA (Charles III by the Grace of God) with the date.
REVERSE:
The coins continued to display the two Pillars of Hercules with the motto PLUS VLTRA (More Beyond) on banners, but the two orbs between the columns were replaced with the crowned shield of Leon and Castile. The legend reads, HISPAN. ET IND. REX (King of Spain and the Indies) followed by the mintmark, the denomination and the assayer's initials.
EDGE:
The laurel leaf edge was also replaced with an edge design comprised of alternating circles and rectangles. These coins, continued to be minted through 1821.