Lot 1097
Mexico. 8 Escudos, 1763-Mo-MM. Fr-29; KM 155. 27.04 grams. Carlos III. Bust right. Reverse: Crowned arms, Order of Golden Fleece around. Original luster and rare. NGC graded AU-58.
The son of Philip V and Elizabeth Farnese, Charles III was king of Spain from 1759-1788. A contemporary of Frederick the Great of Prussia, Louis XV and XVI of France, and Maria Theresa of Austria. Charles is regarded as one of the more "enlightened despots" of his time, and certainly the greatest of the Bourbon kings. His reign is noted for its administrative and economic reforms, and especially the expulsion of the Jesuits. He tried to keep Spain from getting pulled into the assorted nationalistic wars that never ceased to afflict Europe in the 18th century. Initially, during the Seven Years' War, Charles kept Spain neutral, only to come on in the end on France's side and share her defeat. From this Spain lost Florida to England, but on the other hand, by secret treaty with France acquired the latter's Louisiana territory.
Estimated Value $10,000 - 12,500.
Illustrated in Money of the World, coin 157.
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| Realized $27,600 |
