Denomination: 1/4 Reales (Cuartillo)
Mint: Bogota, Columbia
Reign: Charles IV
Grade: NGC 6772111-008 - MS63
Mount: 14K Gold
Description: Charles III-Charles IV 1/4 Real (Cuartillo) ND (1770-1796) Restrepo-2.2. Milled anepigraphic issue. The scarcest of the three known varieties, likely struck under Charles IV, the Castle and Lion matching 8 Reales Punches from the Bust series. Richly toned. Richly toned.: Lion with crown facing left. Reverse: Castle with mintmark to the left, denomination to the right.
History: In the 19th century, screw press style coins were adopted, which had a more perfect, "milled" border and therefore could not be easily shaved or scammed. These full border coins replaced the rustic Spanish cob style coin which were crude and irregular. This "Cuartillo," or 1/4 Reales, is the smallest denomination Spain minted for silver coins.