791 | Spanish Monarchy

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CARLOS IV (1788-1808). 8 Reales. (Ar. 26.90 / 39mm). 1795. Mexico. FM. (Cal-2019-958). Good Very Fine. Oriental reseals.

Although we have known them from times before Felipe V and they last until the reign of Isabel II, it is in the coins of Carlos IV and specifically in those minted in the mint of Mexico where we find more resealed pieces in Asia. The apparently simple process contains some enigmas given the multitude of characters used. The reseals were applied once the grade, weight and measure of the coin had been verified. At that time it was marked by the merchant or banker using a punch. It is very common to find more than one brand, as this process used to be repeated every time the piece changed hands, and not only that, but over time they could also be completed with countermarks, often leaving pieces that are difficult to recognize. As for what was marked, we can see three large blocks: characters that refer to the quality and authenticity of the piece, proper names and figurative marks.