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4 Escudos - Carlos III portrait of Fernando VI

Issuer Casa de Moneda de Popayán
Year 1760-1769
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Currency Real (1616-1820)
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Obverse script Latin
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Reverse description The crowned royal arms of Spain occupy the central field, depicting the quartered shield with castles and lions representing Castile and León, surmounted by an ornate royal crown with fleur-de-lis and arched elements finely rendered in high relief. The shield is of the standard colonial type used throughout the reign. The circumferential legend NOMINA MAGNA SEQUOR encircles the design, with the mint mark PN and assayer initial J flanking the base of the shield at the lower left and lower right respectively, each separated by rosette stops. The composition follows the established typology of Spanish colonial gold coinage of the period.
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Additional information

Carlos III ascended the Spanish throne in 1759 following the death of his half-brother Fernando VI, who died childless and increasingly incapacitated by mental illness. The Popayán mint, operating in what is now southern Colombia, had accumulated dies and punches bearing Fernando's portrait before the transition — rather than waste them, the mint continued striking coins with the old effigy under the new king's name and titles. This hybrid issue is the direct product of that administrative lag, a colonial minting practice that troubled Madrid considerably less than it troubles modern collectors trying to attribute pieces correctly.

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