Item: i80243

Authentic Coin of:

Bolivia under Charles IV – King of Spain: 14 December 1788  – 19 March 1808
1799 Silver Real 20mm (3.21 grams) 0.896 Silver (0.0975 oz. ASW)
Reference: KM# 70
CAROLUS·IIII·DEI·GRATIA ·1799·, Carlos IV bust facing on right
HISPAN·ET IND·REX·PTS·1R·P·P·, Borbouns coat of arms between columns.

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Charles IV (Carlos Antonio Pascual Francisco Javier Juan Nepomuceno José Januario Serafín Diego; 11 November 1748 – 20 January 1819) was King of Spain from 14 December 1788, until his abdication on 19 March 1808.

Charles was the second son of Charles III and his wife, Maria Amalia of Saxony. He was born in Naples (11 November 1748), while his father was King of Naples and Sicily. His elder brother, Don Felipe, was passed over for both thrones, due to his learning disabilities and epilepsy. In Naples and Sicily, Charles was referred to as the Prince of Taranto. He was called El Cazador (meaning “the Hunter”), due to his preference for sport and hunting, rather than dealing with affairs of the state. Charles was considered by many to have been amiable, but simple-minded.

Reign

In 1788, Charles III died and Charles IV succeeded to the throne. He intended to maintain the policies of his father, and retained his prime minister, the Count of Floridablanca, in office. Even though he had a profound belief in the sanctity of his office, and kept up the appearance of an absolute, powerful monarch, Charles never took more than a passive part in his own government. The affairs of government were left to his wife, Maria Luisa, and his prime minister, while he occupied himself with hunting. In 1792, political and personal enemies ousted Floridablanca from office, replacing him with Pedro Pablo Abarca de Bolea, Count of Aranda. However, in the wake of the war against Republican France, the liberal-leaning Count of Aranda was himself replaced by Manuel de Godoy, a favourite of the Queen and widely believed to be her lover, who enjoyed the lasting favor of the King.

In 1799, he authorized Prussian aristocrat and scientist Alexander von Humboldt to travel freely in Spanish America, with royal officials encouraged to aid him in his investigation of key areas of Spain’s empire. Humboldt’s Political Essay on the Kingdom of New Spain was a key publication from his five-year travels.

Godoy continued Abarca de Bolea’s policy of neutrality towards France, but after Spain protested the execution of Louis XVI of France, the deposed king, in 1793, France declared war on Spain. After the declaration, Portugal and Spain signed a treaty of mutual protection against France. In 1796 France forced Godoy to enter into an alliance, and declare war on the Kingdom of Great Britain. As a consequence, Spain became one of the maritime empires to have been allied with Republican France in the French Revolutionary War, and for a considerable duration.

Spain remained an ally of France and supported the Continental Blockade until the British naval victory at Trafalgar, when Spain became allied with Britain. However, after Napoleon’s victory over Prussia in 1807, Godoy again steered Spain back onto the French side. This switching of alliances devalued Charles’ position as a trustworthy ally, increasing Godoy’s unpopularity, and strengthening the fernandistas (supporters of Crown Prince Ferdinand), who favoured an alliance with the United Kingdom.

Economic troubles, rumours about a sexual relationship between the Queen and Godoy, and the King’s ineptitude, caused the monarchy to decline in prestige among the population. Anxious to take over from his father, and jealous of the prime minister, Crown Prince Ferdinand attempted to overthrow the King in an aborted coup in 1807.

Bolivia, officially the Plurinational State of Bolivia (Spanish: Estado Plurinacional de Bolivia), is a landlocked country located in western-central South America. The capital is Sucre while the seat of government is located in La Paz. The largest city and principal economic and financial center is Santa Cruz de la Sierra, located on the Llanos Orientales (tropical lowlands) a mostly flat region in the east of Bolivia.

It is constitutionally a unitary state, divided into nine departments. Its geography varies from the peaks of the Andes in the West, to the Eastern Lowlands, situated within the Amazon Basin. It is bordered to the north and east by Brazil, to the southeast by Paraguay, to the south by Argentina, to the southwest by Chile, and to the northwest by Peru. One-third of the country is within the Andean mountain range. With 1,098,581 km² (424,164 sq mi) of area, Bolivia is the 5th largest country in South America and the 27th largest in the world.

The country’s population, estimated at 11 million, is multiethnic, including Amerindians, Mestizos, Europeans, Asians and Africans. The racial and social segregation that arose from Spanish colonialism has continued to the modern era. Spanish is the official and predominant language, although 36 indigenous languages also have official status, of which the most commonly spoken are Guarani, Aymara and Quechua languages.

Before Spanish colonization, the Andean region of Bolivia was part of the Inca Empire, while the northern and eastern lowlands were inhabited by independent tribes. Spanish conquistadors arriving from Cuzco and Asunción took control of the region in the 16th century. During the Spanish colonial period Bolivia was administered by the Royal Audiencia of Charcas. Spain built its empire in great part upon the silver that was extracted from Bolivia’s mines. After the first call for independence in 1809, 16 years of war followed before the establishment of the Republic, named for Simón Bolívar. Over the course of the 19th and early 20th century Bolivia lost control of several peripheral territories to neighboring countries including the seizure of its coastline by Chile in 1879. Bolivia remained relatively politically stable until 1971, when Hugo Banzer led a coup d’état which replaced the socialist government of Juan José Torres with a military dictatorship headed by Banzer; Torres was murdered in Buenos Aires, Argentina by a right-wing death squad in 1976. Banzer’s regime cracked down on leftist and socialist opposition and other forms of dissent, resulting in the torture and deaths of a number of Bolivian citizens. Banzer was ousted in 1978 and later returned as the democratically elected president of Bolivia from 1997 to 2001.

Modern Bolivia is a charter member of the UN, IMF, NAM, OAS, ACTO, Bank of the South, ALBA and USAN. For over a decade Bolivia has had one of the fastest economic growths in Latin America, however it remains one of the poorest countries in South America. It is a developing country, with a medium ranking in the Human Development Index, a poverty level of 38.6 percent, and it has one of the lowest crime rates in Latin America. Its main economic activities include agriculture, forestry, fishing, mining, and manufacturing goods such as textiles, clothing, refined metals, and refined petroleum. Bolivia is very rich in minerals, especially tin.