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2 Escudos - Carlos III

Issuer Lima Mint
Year 1785-1789
Type Standard circulation coin
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Reverse description The quartered royal arms of Castile and León, with Granada in base and a central escutcheon, surmounted by the Spanish royal crown. The shield is flanked by the denomination numeral 2 to the left and the assayer's initials to the right, with the mint mark M below. The arms are encircled by the collar of the Order of the Golden Fleece. The surrounding legend reads IN UTROQ FELIX AUSPICE DEO, separated by pellets, within a milled border.
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Mintage 1785 MI - -
1786 MI - -
1787 IJ - -
1787 MI - -
1788 IJ - -
1789 IJ - -
Additional information

Carlos III's monetary reforms of 1772 standardized the milled coinage across Spanish colonial mints, and Lima was among the first to fully comply — producing a consistent series of gold escudos that supplied both local commerce and transatlantic remittances to the Crown. The Lima mint's assayer initials during this window were MI (Miguel de Sanabria and Ignacio de Aperrequi jointly responsible), a pairing that changed partway through the run and makes assayer attribution a useful tool for dating individual pieces more precisely than the broad range suggests.

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