2 Escudos - Charles III 1785-1788 front 2 Escudos - Charles III 1785-1788 back
2 Escudos - Charles III 1785-1788 photo
© Heritage Auctions

2 Escudos - Charles III

 
Gold (.875) 6.77 g -
Description
Issuer
New Spain (Mexico)
King
Charles III (1759-1788)
Type
Standard circulation coin
Years
1785-1788
Value
2 Escudos (32)
Currency
Real (1535-1897)
Composition
Gold (.875)
Weight
6.77 g
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-06
References
Numista
N#71617
Rarity index
97%

Reverse

Spain crowned arms with value flanking it and a chain around, and on the exterior legend.

Script: Latin

Lettering:
•Mo•IN•UTROQ•FELIX•
•AUSPICE•DEO•FM•
2 S

Translation: With happiness in both under the look of God

Comment

KM#130.1a Initials and Mint mark upright.
KM#130.2a Inverted Initials and Mint mark.

Interesting fact

One interesting fact about the 2 Escudos - Charles III 1785-1788 coin from New Spain (Mexico) is that it was minted during a time of great change and turmoil 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 and centralizing the Spanish Empire, which had grown increasingly decentralized and inefficient over the years. One of the key reforms implemented by Charles III was the establishment of the "Real Casa de la Moneda" (Royal Mint) in Mexico City, which was responsible for producing the 2 Escudos coin. The minting of this coin was significant because it marked a shift away from the traditional use of bartering and towards the use of standardized currency in the region. The 2 Escudos coin was also unique in that it was made of gold (.875), which was a valuable and highly sought-after metal at the time. Overall, the 2 Escudos - Charles III 1785-1788 coin from New Spain (Mexico) is an interesting piece of history that highlights the efforts of Charles III to modernize and centralize the Spanish Empire during a time of great change and upheaval.