Mexico 1762-Mo MM 4 reales
This is one of a series struck 1760-71 during the reign of Charles III. Gilboy lists the date as rare (less than fifty known to exist) with several minor varieties recorded.
The four reales is the scarcest colonial denomination although all dates are available except for the very rare 1732 and 1733 dates. Harris lists the Charles III pillar four reales in order of abundance: Mexico, Potosi, Guatemala, Lima (scarce), Santiago (very rare). Specimens in high grade are very rare.
Mexican numismatists hotly debate which side of the coin constitutes the obverse. Gilboy depicts the shield side as the obverse as that side bears the king's name. However, auction catalogs and dealer listings more frequently use the pillars and globes side as the obverse, as that side bears the date.
Recorded mintage: unknown.
Specification: 13.54 g, .917 fine silver, .399 troy oz ASW.
Catalog reference: Cayón-11698, Gilboy M-4-37, KM 96.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón-Jano S.L., 2005.
- Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
- Gilboy, Frank F., The Milled Columnarios of Central and South America: Spanish American Pillar Coinage, 1732 to 1772, Regina, Saskatchewan: Prairie Wind Publishing, 1999.
- Yonaka, Brad, A Variety Guide to the Fractional Pillar Coinage of Mexico City, 1732-1771, Long Beach, CA: Agorocu Consulting, 2017.
- Harper, David C., ed., North American Coins & Prices: A Guide to U. S., Canadian and Mexican Coins, 17th Ed., Iola, WI: Krause Publications, 2007.
- Harris, Robert P., Pillars & Portraits, San José, CA: Bonanza Press, 1968.