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8 Reales - Carlos III

Issuer Mexico City Mint (Spanish Colonial)
Year 1760-1772
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Technique Milled
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Obverse script Latin
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Reverse description Central device depicts two crowned hemispheres representing the Old and New Worlds, overlapping and resting upon stylised waves symbolising the seas, flanked by the two crowned Pillars of Hercules — the classical boundary of the known world — each pillar entwined with a banner inscribed PLUS and VLTR respectively, abbreviating the motto PLUS VLTRA (Further Beyond). The date 1766 appears in the lower exergue between two rosette ornaments, while the mint mark Mo is placed to either side of the central device. The circumferential legend VTRAQUE VNUM (Both as One) runs along the upper portion of the coin within a beaded border.
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Additional information

Carlos III's accession in 1759 brought immediate pressure to reform colonial coinage. The Mexico City Mint had been producing cob-style macuquinas for over two centuries, and the crown had already mandated the shift to milled coinage — but enforcement was uneven, and Mexico City continued striking both types into the early 1760s. The overlap is well-documented in assayer records.

The assayer initial on pieces from this window is critical to dating. José Antonio de Bustamante held the post through much of this period, with Francisco Antonio de Sanabria preceding him — their initials, MF and MM respectively, distinguish issues that otherwise appear nearly identical.

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