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1⁄16 Real - Carlos III Pattern, Copper

Issuer Casa de Moneda de México
Year 1768
Type Coin pattern
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Reverse description The reverse presents the large crowned mintmark 'Mo' (Mexico City Mint) as the dominant central device, with the letter 'M' occupying the majority of the field and a small superscript 'o' above it. To the left of the mintmark appears the assayer's monogram 'VE' in a smaller cursive form, and to the right the fractional denomination '1/16' is inscribed in the field. The reeded edge frames the spare, elegant composition, consistent with the utilitarian aesthetic of proposed copper fractional coinage patterns of the period.
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Mintage 1768 Mo
Additional information

Pattern coinage from the Mexico City mint in 1768 rarely surfaces, and this fractional real in copper is among the more obscure experimental pieces associated with the Carlos III period. The 1⁄16 real denomination itself was an attempt to address chronic small-change shortages in New Spain, where cob-cut silver fractions had long failed to serve the lowest rungs of daily commerce. Copper was the obvious solution — cheaper to produce, harder to counterfeit by weight manipulation — but colonial resistance to base-metal currency ran deep, and the pattern never advanced to a regular issue.

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