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2 Escudos - Carlos III

Issuer Casa de Moneda de Bogotá
Year 1762-1774
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Diameter 24 mm
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Reverse description The crowned quartered arms of Castile and León occupy the central field, displaying alternating castles and lions in the four quarters with a central escutcheon bearing the arms of the Bourbon dynasty. A large ornate crown surmounts the shield, its detailed fleurons rendered in high relief. The mint mark NR (Nuevo Reino) and the assayer's initials JV appear in the lower field flanking a small rosette. The surrounding circular Latin legend reads IN UTROQ FELIX AUSPICE DEO, disposed around the outer periphery within the milled border.
Reverse script Latin
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Additional information

Carlos III's 1762 administrative overhaul of the Spanish colonial mints — part of the broader Bourbon Reforms — brought standardized assayer accountability to Bogotá, which is why pieces from this run are traceable to specific officials through their marks. The reforms were partly a response to chronic reports of underweight and debased colonial gold reaching Cádiz.

Hernández references 726–728 reflect documented assayer variations across the issue's twelve-year span, not design changes. The Bogotá mint struggled with consistent planchet preparation throughout this period, and roller-struck irregularities are more prevalent here than in contemporary Lima or Mexico City output.

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