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8 Escudos - Carlos III bust of Carlos III, regular type
| Issuer | Casa de Moneda de Chile |
|---|---|
| Year | 1772-1789 |
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| Currency | Real (1541-1817) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The crowned royal arms of Spain occupy the central field, depicting the quartered shield with the castles of Castile, lions of León, the chain of Navarre, and the pomegranate of Granada, with the escutcheon of the House of Bourbon at center. The shield is flanked by the denomination numeral 8 to the left and the assayer initial S to the right, with the mint mark So and assayer initials DA appearing at the base below the shield. A wreath of laurel and olive branches encircles the arms, and the circular Latin legend runs along the periphery within a denticled border. |
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| Reverse lettering | IN·UTROQ·FELIX· ·AUSPICE·DEO 8 S ·So· ·DA· |
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| Additional information |
Carlos III's monetary reforms of the 1770s imposed the bust-type design across all Spanish colonial mints, replacing the earlier macuquina (cob) coinage that had dominated American production for two centuries. Santiago's adoption of the new milled format was slow — the Chilean mint had only recently modernized its machinery, and early strikes from this series show inconsistent collar pressure that experienced collectors recognize immediately.
The Santiago 8 Escudos remained one of the lower-mintage gold issues of the colonial Americas throughout this reign. Chilean gold production was modest compared to New Granada or Peru, and annual output figures rarely approached those of Lima or Bogotá.