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8 Escudos - Carlos IV Numeral IV, Carlos III portrait

Issuer Casa de Moneda de México (Mexican Mint)
Year 1789-1790
Type Standard circulation coin
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Reverse description The quartered royal arms of Spain, surmounted by an ornate crown, displayed within an elaborately detailed heraldic shield bearing the castles of Castile, lions of León, the chains of Navarre, and the fleur-de-lis of the Bourbon dynasty. The shield is flanked by the denomination numeral 8 to the left and the assayer letter S to the right, and is encircled by a wreath of laurel and palm. The mint mark Mo appears at the lower left and the assayer initials FM at the lower right. The peripheral legend IN·UTROQ·FELIX· AUSPICE·DEO curves around the upper portion of the coin.
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Reverse lettering IN•UTROQ•FELIX• •AUSPICE•DEO 8 S •Mo• •FM•
(Translation: With happiness in both under the look of God 8 Escudos Mexico City FM)
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Additional information

This transitional piece occupies a precise bureaucratic moment: Carlos IV was proclaimed king in December 1788, but coin dies bearing his name were not yet ready. The Mexico City mint, following standard Bourbon practice, struck coins with the new king's name and numeral while continuing to use the portrait of his father, Carlos III, who had died the previous month. The result is a hybrid issue that technically belongs to neither reign cleanly — and which was discontinued as soon as proper Carlos IV portrait dies arrived in 1791.

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