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8 Escudos - Carlos III
| Issuer | Lima Mint (Casa de Moneda de Lima) |
|---|---|
| Year | 1768-1772 |
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| Composition | Log in to see details |
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| Shape | Round |
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| Obverse description | Armored and draped bust of King Carlos III facing right, wearing a wig with queue tied by a bow, set within the central field. The effigy is rendered in high relief in the Baroque portrait style characteristic of Lima Mint coinage of this period. The circumferential legend reads CAROLUS III D. G. HISP. ET IND. REX., distributed around the periphery between an inner milled border and an outer reeded edge. The mint date 1770 appears in the lower exergue, flanked by small pellet stops. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
Carlos III's monetary reforms of the 1760s pushed Lima toward the milled "cordoncillo" coinage that displaced the old macuquina cob coinage — a shift that restructured mint labor, tooling, and output across Spanish South America simultaneously. Lima's production during these specific years overlapped with the expulsion of the Jesuits from Spanish territories, which triggered significant capital redistribution across the viceroyalty as Jesuit-held estates were liquidated and their wealth moved through colonial financial channels.
KM#73 is known with assayer marks for JM (José Leandro Marchena), whose tenure at Lima produced measurable variation in planchet preparation across the run.