Lot 1096
Mexico. 8 Reales, 1762 Mo-MM. Eliz-54; WR-10; KM-105. 27.21 grams. Charles III, 1759-1788. Pillar coinage. Crowned Bourbon arms. Reverse: Crowned globes flanked by crowned and bannered pillars, over water. Excellent even strike, with only trivial weakness at shield center. Satiny devices on reflective fields. Choice original surfaces and mint luster under light toning. Rare this nice. NGC graded MS-63.
Charles, although an ardent Catholic, objected strongly to what he perceived as excesses of the Church. He believed that the Jesuits were responsible for the disrupting riots of 1766, and had them banished from Spain. He quarreled with the Pope when he tried to reduce the numbers of the "Idle Clergy", and the monastic orders. He reduced the power of the Inquisition and rendered the organization relatively impotent. He was a significant modernizer of the state.
Estimated Value $1,400 - 1,600.
Ex Calbeto Collection.
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| Realized $4,370 |
