1 Real - Charles III 1785-1789 front 1 Real - Charles III 1785-1789 back
1 Real - Charles III 1785-1789 photo
© Banco de Mexico

1 Real - Charles III

 
Silver (.896) 3.38 g 21.27 mm
Description
Issuer
New Spain (Mexico)
King
Charles III (1759-1788)
Type
Standard circulation coin
Years
1785-1789
Value
1 Real
Currency
Real (1535-1897)
Composition
Silver (.896)
Weight
3.38 g
Diameter
21.27 mm
Thickness
1 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-06
References
Numista
N#74705
Rarity index
69%

Reverse

Crowned arms shield flanked by pillars with legend around.

Script: Latin

Lettering: •HISPAN•ET IND•REX•Mo•1R•F•M•

Translation:
King of Spain and the Indies
Mexico City 1 Real FM

Edge

Chain reeding.

Comment

Lower (-0.7%) silver fineness than KM#78

Interesting fact

One interesting fact about the 1 Real - Charles III 1785-1789 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, and its production was overseen by the Spanish Crown. At the time, Mexico was still a colony of Spain, and the coin was used as a means of currency for the local population. The fact that it was made of silver and had a relatively low weight of 3.38 grams suggests that it was intended for everyday transactions, rather than being a high-value coin. It's worth noting that the coin's design and production were likely influenced by the political and economic climate of the time. For example, the coin's obverse features an image of Charles III, while the reverse features the coat of arms of New Spain. This suggests that the coin was intended to promote the Spanish monarchy and its authority in the region. Additionally, the use of silver in the coin's production may have been influenced by the availability of silver in Mexico at the time, as well as the desire to create a currency that was both durable and easily accessible to the local population. Overall, the 1 Real - Charles III 1785-1789 coin from New Spain (Mexico) offers a fascinating glimpse into the economic and political history of the region during this time period.