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8 Reales - Carlos III
| Issuer | Casa de Moneda de México |
|---|---|
| Year | 1786 |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Orientation | Coin alignment ↑↓ |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Crowned Royal Arms of Spain at centre, displaying the quartered shield with castles and lions, flanked by the Pillars of Hercules with their respective crowns and scroll banners. The denomination mark 8R appears between the Mexico City mint mark (Mo) and the assayers' initials (FM), positioned below the crown. The full circumferential legend reads around the shield, with a toothed border at the periphery. |
| Reverse script | Latin |
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| Additional information |
The 1786 Mexico City 8 reales falls within the "milled" or "bust" coinage introduced under Carlos III to replace the cob coinage that had dominated Spanish colonial minting for over a century. The reform was partly a response to chronic counterfeiting — the irregular shape of macuquinas made them trivially easy to clip and difficult to authenticate. Mexico City was the highest-volume mint in the Spanish empire at this period, and 1786 production figures reflect that scale.
KM#106.2 distinguishes the assayer FM pairing under mint master Francisco Arance Cobos, whose initials anchor the variety designation.