1 Escudo - Carlos III

Carlos III came to the Spanish throne in 1759 after ruling Naples and Sicily for over two decades, bringing with him a reformist outlook that would eventually reshape colonial minting practices across New Spain. The transitional years of 1760–1761 fall squarely in the overlap between the old macuquina cob tradition and the emerging milled coinage standardization his administration would accelerate — though the Mexico City Mint had already been producing milled gold escudos since the 1730s.

KM#116 represents the assayer pairing specific to this short window. Collectors working this series track assayer initials closely, as die marriages within the escudo denominations are well-documented and attribution hinges on those marks entirely.