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Mexico under Charles III – King of Spain: 10 August 1759 – 14 December 1788
1782 MoFF Silver 1/2 Half Real 17mm (1.50 grams) 0.903 (0.0491 oz. ASW)
Reference: KM# 69 (1772-89)
CAROLUS•III• DEI•GRATIA •1773• , Charles facing right.
•HISPAN•ET IND•R•Mo•F•F•,
Hispanic Coat-of-arms: pair of pillars separated by a crowned simple
shield with lions, castles, pomegranate and three centralized Fleurs-de-Lis.
You are bidding on the exact item pictured, provided with a Certificate of Authenticity and Lifetime Guarantee of Authenticity.
 Charles III (Spanish: Carlos; Italian: Carlo; 20 January 1716 – 14 December 1788) was King of Spain (1759-1788), after ruling Naples as Charles VII and Sicily as Charles V (1734-1759). He was the fifth son of Philip V of Spain, and the eldest son of Philip’s second wife, Elisabeth Farnese. A proponent of enlightened absolutism, he succeeded to the Spanish throne on 10 August 1759, upon the death of his half-brother Ferdinand VI, who left no heirs.
In 1731, the 15-year-old Charles became the Duke of Parma and Piacenza, as Charles I, following the death of his childless granduncle Antonio Farnese. In 1738 he married Princess Maria Amalia of Saxony, daughter of Augustus III of Poland and an educated, cultured woman who gave birth to 13 children, eight of whom reached adulthood. Charles and Maria Amalia resided in Naples for 19 years.
As King of Spain, Charles III made far-reaching reforms such as promoting science and university research, facilitating trade and commerce, and modernising agriculture. He also tried to reduce the influence of the Church and avoided costly wars. His previous experience as King of Naples and Sicily proved valuable. He did not achieve complete control over the State’s finances, and was sometimes obliged to borrow to meet expenses. Most of his reforms proved to be successful and his important legacy lives on to this day.
Historian Stanley Payne wrote that Charles III “was probably the most successful European ruler of his generation. He had provided firm, consistent, intelligent leadership. He had chosen capable ministers….[his] personal life had won the respect of the people.”
 Mexico, officially the United Mexican States, is a federal republic in North America. It is bordered on the north by the United States; on the south and west by the Pacific Ocean; on the southeast by Guatemala, Belize,  and the Caribbean Sea; and on the east by the Gulf of Mexico. Covering almost two million square kilometres (over 760,000 sq mi), Mexico is the fifth largest country in the Americas by total area and the 13th largest independent nation in the world. With an estimated population of over 113 million, it is the eleventh most populous and the most populous Spanish-speaking country in the world and the second most populous country in Latin America. Mexico is a federation comprising thirty-one states and a Federal District, its capital and largest city.
In pre-Columbian Mexico many cultures matured into advanced civilizations such as the Olmec, the Toltec, the Teotihuacan, the Zapotec, the Maya and the Aztec before first contact with Europeans. In 1521, the Spanish Empire conquered and colonized the territory from its base in Mexico-Tenochtitlan, which was administered as the Viceroyalty of New Spain. This territory would eventually become Mexico following recognition of the colony’s independence in 1821. The post-independence period was characterized by economic instability, the Mexican-American War that led to the territorial cession to the United States, the Pastry War, the Franco-Mexican War, a civil war, two empires and a domestic dictatorship. The latter led to the Mexican Revolution in 1910, which culminated with the promulgation of the 1917 Constitution and the emergence of the country’s current political system. In March 1938, through the Mexican oil expropriation private U.S. and Anglo-Dutch oil companies were nationalized to create the state-owned Pemex oil company.
 Mexico has one of the world’s largest economies, it is the tenth largest oil producer in the world, the largest silver producer in the world and is considered both a regional power and middle power. In addition, Mexico was the first Latin American member of the Organisation for Economic Co-operation and Development OECD (since 1994), and considered an upper-middle income country by the World Bank. Mexico is considered a newly industrialized country and an emerging power. It has the fifteenth largest nominal GDP and the tenth largest GDP by purchasing power parity. The economy is strongly linked to those of its North American Free Trade Agreement (NAFTA) partners, especially the United States. Mexico ranks sixth in the world and first in the Americas by number of UNESCO World Heritage Sites with 32, and in 2010 was the tenth most visited country in the world with 22.5 million international arrivals per year. According to Goldman Sachs, by 2050 Mexico is expected to become the world’s fifth largest economy. PricewaterhouseCoopers (PwC) estimated in January 2013 that by 2050 Mexico could be the world’s seventh largest economy. Mexico has membership in prominent institutions such as the UN, the WTO, the G20 and the Uniting for Consensus.
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