Spain 1766-M PJ real

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SPN 1766M 1R-PJ-obv.jpg
SPN 1766M 1R-PJ-rev.jpg

The specimen shown is a Spanish real struck in 1766 at the Madrid mint. Assayer PJ is recorded for the years 1765-1782. These coins were lower in fineness than the colonial issues (Mexico, Peru, Bolivia, etc.) and thus were discounted. There is no reason to think that these coins are rare but they are very difficult to find in the American numismatic marketplace and are likely seriously underpriced.

Recorded mintage: unknown.

Specification: 3.38 g, .833 fine silver, .090 troy oz ASW.

Catalog reference: Cayón-11277, KM 387.1.


  • 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.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.

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