1 Escudo - Charles III 1760-1761 front 1 Escudo - Charles III 1760-1761 back
1 Escudo - Charles III 1760-1761 photo
© Banco de Mexico

1 Escudo - Charles III

 
Gold (.917) 3.3834 g 18.11 mm
Description
Issuer
New Spain (Mexico)
King
Charles III (1759-1788)
Type
Standard circulation coin
Years
1760-1761
Value
1 Escudo (16)
Currency
Real (1535-1897)
Composition
Gold (.917)
Weight
3.3834 g
Diameter
18.11 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-06
References
Numista
N#53719
Rarity index
95%

Reverse

Crowned shield surrounded by legend, with Mint mark at bottom flanked by assayer's initials.

Script: Latin

Lettering:
NOMINA MAGNA SEQUOR
M * Mo * M

Translation:
We follow the loftiest
M Mexico City M

Interesting fact

One interesting fact about the 1 Escudo - Charles III 1760-1761 coin from New Spain (Mexico) is that it was minted during a time of significant economic and political change in the region. The coin was issued during the reign of Charles III, who was the King of Spain from 1759 to 1788. During his reign, Charles III implemented a number of reforms aimed at modernizing the Spanish economy and increasing the production of gold and silver in the colonies. The 1 Escudo coin, which was made of gold (.917) and weighed 3.3834 grams, was likely minted as part of these efforts to increase the production of gold currency in the region.