696 | Spanish Monarchy

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CARLOS III (1759-1788). 8 Reales. (Ar. 27.10g / 38mm). 1764. Mexico. MF. (Cal-2019-1087). Almost Uncirculated. Original Luster . Spectacular specimen, rare in this precious quality. Insignificant scratch.

The quintessential Hispanic coin was minted only between 1732 and 1772. Therefore, only three kings had the privilege of ordering said minting: Felipe V, Fernando VI and Carlos III. All the columnarios, in their different modules from 1/2 to 8 reales, are minted in the American colonies, with Mexico being the most prolific mint, followed by Lima, Santa Fe de Nuevo Reino and Santiago de Chile, the rarest and scarcest. The design of all of them is common; thus on the obverse there is a large shield of Spain with a laurel crown on top and the name of the king in Latin followed by the legend “DG HISPANET IND REX”. On the reverse we find, perhaps, the most emblematic drawing of this coin: the two globes that represent east and west with a royal crown on top of both, underneath sea waves and crowned columns on both sides. The Latin legend "VTRAQUE VNVM", both are one, is intended to highlight the unity of the Spanish territories on each side of the hemisphere. The award-winning song is another of its great hallmarks. It was, from its first mints, a coin with a universal vocation, as it was perfectly valid in an economic transaction in any corner of the planet.