Owner Comments:
THIS COIN'S PLACE IN HISTORY
A two year transitional design with the incorrect armored bust of Charles III and the correct legend Charles IV. When Charles III died in 1788 it took many months for a portrait of the new king Charles IV to reach New Spain. Until it arrived the old portrait of Charles the III continued to be used.
DESCRIPTION:
OBVERSE: The obverse design has a bust of Charles III and the legend giving the king's name and title as, CAROLUS IV DEI GRATIA.
Obv. Translation: Charles IIII by the Grace of God) with the date 1790.
REVERSE: The reverse design has the two Pillars of Hercules with the motto PLUS VLTRA (More Beyond) on banners, flanking the crowned shield of Leon and Castile. The legend reads, HISPAN. ET IND. REX ) followed by the mintmark (LM in monogram), the denomination (8) and the assayer's initials (IJ-Unknown.
Rev. Translation:(King of Spain and the Indies.)
The edge design is comprised of alternating circles and rectangles
Mintage: 4,313,000