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8 Reales - Carlos III
| Issuer | Casa de Moneda de Chile |
|---|---|
| Year | 1760-1770 |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Shape | Round |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Central device depicts two crowned globes representing the Old and New Worlds, their hemispheres overlapping, surmounted by a large royal crown and flanked by the two Pillars of Hercules, each topped by its own crown and bearing the motto PLUS and VLTRE on the respective column banners. Rosette stops separate the legend elements at the cardinal points. The mint mark 'So' (Santiago) appears to the lower left and lower right of the central device, with the date 1768 displayed in large numerals in the exergue below. The continuous peripheral legend reads VTRAQUE VNUM, embodying the Spanish imperial motto uniting both hemispheres. |
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| Additional information |
Carlos III inherited a colonial mint system riddled with fraud. The Santiago mint had been producing debased and underweight macuquina coinage for decades — a scandal that had already triggered royal investigations earlier in the century. The 8 reales struck during his reign represent the tail end of cob-style production in Chile before the transition to milled coinage, a shift he mandated across the empire partly in response to exactly that corruption.
Santiago's milled output during this window was modest compared to Mexico City or Potosí, making Chilean examples from this decade meaningfully scarcer in any grade.