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SPAIN - KINGDOM OF SPAIN (CHARLES III) - Set of 2 coins: 1/2 Escudo (Medio Escudo), 1772, Madrid. Obverse: Bust of Charles III facing right. - CAROL. III. D. G. HISP. R. Reverse: Crowned shield bearing the coat of arms of Castile and León, flanked by the mint mark (a crowned “M” for Madrid) on the left, and the initials of the assayers (P J for Pinto and Julio) on the right. Gross weight: 1.8 g each. Metal and fineness: 900 gold. References: Calicó 1256; Friedberg #290. Condition: TB+ (for both specimens) Historical note: The date 1772 corresponds to a reform of Charles III’s coinage, marked by a new portrait and an adjustment to the gold fineness. The two examples from Madrid illustrate this transitional phase. Numismatic expert: Pierre Adrien du Cly.
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