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4 Escudos - Carlos III

Issuer Mexico City Mint
Year 1760-1761
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Weight 13.5337 g
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Obverse script Latin
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Reverse description Central crowned quartered shield of the Spanish Royal Arms, displaying the castles of Castile and lions of León in the principal quarters, with the pomegranate of Granada at the base and a small central escutcheon bearing the French Bourbon fleurs-de-lis. The elaborate baroque crown surmounts the shield. The encircling legend NOMINA MAGNA SEQUOR flanks the shield, with the Mexico City mint mark M and assayer mark M appearing in the lower field. No denomination numeral is present on this issue, consistent with the early Carlos III colonial gold coinage style.
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Additional information

Carlos III assumed the Spanish throne in 1759 after ruling Naples for over two decades, arriving to find the colonial minting apparatus already well-established but operating under the older macuquina (cob) tradition. The Mexico City Mint was in the middle of transitioning toward milled coinage — the so-called "columnario" milled series had been running since 1732 — but the 4 escudos denomination in cob form persisted alongside it, creating a parallel circulation of sharply different manufacturing standards from the same mint.

The 1760–1761 dating places this coin at the very opening of Carlos III's reign, before the Bourbon administrative reforms that would later tighten colonial mint oversight considerably. KM#140 cob gold of this period is notably irregular in flan preparation, and assayer attribution can be difficult on weakly struck specimens.

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