1⁄16 Real - Carlos III Pattern, Copper

Issuer Mexico
Year 1768
Type Coin pattern
Value 1⁄16 Real (0.0625)
Currency Real (1535-1897)
Composition Copper
Weight
Diameter
Thickness
Shape Round
Technique Milled
Orientation Medal alignment ↑↑
Engraver(s)
In circulation to
Reference(s) KM#PnB1
Obverse description Crowned King`s monogram with date at bottom.
Obverse script Latin
Obverse lettering REX SG III 1768
Reverse description Assayer`s monogram with large Mint mark at center and value at right.
Reverse script Latin
Reverse lettering VE Mo 1/16
Edge
Mint (Mo)
Mexican Mint (Casa de Moneda de
México), Mexico, Mexico (1535-date)
Mintage 1768 Mo - -
Numisquare ID 1160829850
Additional information

Historical Context: The 1768 1/16 Real copper pattern coin emerged during the reign of Carlos III, a pivotal period of Bourbon reform in the Spanish Empire. As an enlightened monarch, Carlos III sought to modernize colonial administration and economy, including currency. This pattern reflects an attempt to introduce a low-denomination copper coinage for daily transactions in Mexico, a key colonial mint. Such fractional pieces were crucial for facilitating commerce among the populace, addressing a chronic shortage of small change, and standardizing the monetary system.

Artistry: While the specific engraver remains undocumented for this pattern, its design adheres to the prevailing late Baroque and nascent Neoclassical styles characteristic of royal mints of the era. The obverse typically features a dignified bust of Carlos III, often facing right, rendered with a focus on regal authority and realism. The reverse would likely present a simplified version of the Spanish royal arms, perhaps crowned, emphasizing the issuer’s sovereignty, suitable for a small-denomination copper piece intended for widespread circulation.

Technical/Grading: For this copper pattern, critical high-points to assess strike quality include the intricate details of Carlos III’s wig and the folds of his drapery on the obverse. On the reverse, the crown and the raised elements of the shield or legend would exhibit the earliest signs of wear or weakness. Patterns, often struck with greater care on specially prepared planchets, can display exceptional crispness in the legends and devices, though copper's inherent softness makes it susceptible to handling marks and surface imperfections.

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