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1 Escudo - Carlos III

Issuer Casa de Moneda de Colombia
Year 1763-1771
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Technique Milled
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Obverse lettering CAR·III·D·G·HISP·ET·IND·R 1767
(Translation: Carlos III By the Grace of God King of Spain and the Indies)
Reverse description The crowned Royal Arms of Spain, quartered with the castles of Castile and the lions of León, with a central escutcheon bearing the fleurs-de-lis of the Bourbon dynasty, occupies the central field. The shield is surmounted by a royal crown of elaborate form rendered in fine relief. The mint mark NR (Nuevo Reino, for Bogotá) and the assayer's initials JV flank the base of the arms in the lower field. The surrounding Latin legend IN·UTROQ·FELIX·NR·JV encircles the design, referring to the motto IN UTROQ FELIX AUSPICE DEO (Happy in both worlds under God's guidance).
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Additional information

Carlos III's reign saw the Santa Fe de Bogotá mint operating under considerable administrative pressure from Madrid, which was restructuring colonial minting operations across the Americas following the Seven Years' War. The escudo series of this period is complicated by assayer transitions — the KM#42 grouping spans multiple assayer marks, and Hernández's tighter split into #678–679 reflects documented differences in die workmanship that casual inspection can miss.

The Bogotá mint was chronically understaffed relative to its output demands throughout the 1760s, a condition that occasionally shows in planchet preparation rather than the striking itself.

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