Denomination: Gold 8 Escudos.
Reign: King Carolus III
Mint: Seville, Spain
Grade: NGC 6602110-003 AU Details
Mount: 18K gold
Description: 8 Escudos private collection coin. Obverse: Bust facing – Inscription (Latin) CAROL·III·D·G· HISP·ET IND·R·. Translation "Carlos the III - By the grace of God - King of the Indies and beyond". Reverse: Crowned arms in order chain. Inscription (Latin) “N·UTROQ·FELIX· ·AUSPICE·DEO” Translation – “Under the Auspices of God there is Happiness on Both Sides”
History: Charles III (Spanish: Carlos Sebastián de Borbón y Farnesio: was born on January 20th, 1716 and died on December 14th 1788. He was King of Spain from 1759 to 1788. He also was Duke of Parma and Piacenza. He was a proponent of enlightened absolutism and regalism. Charles succeeded to the Spanish throne in 1759 upon the death of his childless half-brother Ferdinand VI. As king of Spain, Charles III made far-reaching reforms to increase the flow of funds to the crown and defend against foreign incursions on the empire. He facilitated trade and commerce, modernized agriculture and land tenure, and promoted science and university research.
He implemented regalist policies to increase the power of the state regarding the church. During his reign, he expelled the Jesuits from the Spanish Empire.