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8 Escudos - Carlos IV Colonial Milled Coinage
| Issuer | Lima Mint |
|---|---|
| Year | 1789-1791 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Weight | 27.0674 g |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Log in to see details |
| Reverse script | Latin |
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| Additional information |
Carlos IV ascended the Spanish throne in December 1788, but news traveled slowly across the Atlantic. The Lima Mint continued striking coins in the name of his predecessor, Carlos III, well into 1789 before updated dies arrived and production shifted to the new monarch's coinage. This transitional window is precisely why the 1789 date is the first — and scarcest — year of this type.
Lima's 8 escudos from this period were produced under the reformed milled coinage system introduced decades earlier to combat the chronic weight and fineness fraud that had plagued the earlier cob coinage. The IJ assayer mark on pieces from this run denotes Ignacio Iturriaga, active at the mint through these years.