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Carlos III 2 Maravedis

Spain

1759–1788

Reference data compiled from public catalogs

Market Price Range

$65.80$120.00$182.00

Based on 3 eBay listings · Prices vary by grade and condition

Estimated Melt Value

$0.03

Based on Copper spot price ($6.07/oz) · 95.0% purity · 2.5g

Updated 6:03 PM

Collector premium not included

Specifications

CountrySpain
Years Minted1759–1788
CompositionCopper
Weight2.5 g
Diameter22 mm
ShapeRound
EdgePlain

Design

Obverse

Features the bust of King Carlos III facing right.

Reverse

Depicts the Spanish coat of arms within a wreath.

History & Notable Facts

The most intriguing fact about the Carlos III 2 Maravedis is that it formed part of the king's ambitious currency overhaul, introducing a standardized copper coin to replace the chaotic mix of debased and worn pieces circulating in 18th-century Spain.

Weighing around 4 grams and measuring about 22 millimeters across, these coins were struck at the Royal Mint in Madrid using copper sourced from domestic mines, a deliberate move to reduce reliance on foreign metals. Production ran from 1759 until Carlos III's death in 1788, with variations in die designs reflecting minor updates over the years. Not every year saw minting; records from the era are spotty, and we don't know exact figures for most dates.

The obverse typically bore the king's portrait, while the reverse featured the Spanish coat of arms. Handling these, you notice the wear patterns—edges often smoothed from pocket use, a testament to their role in daily commerce.

Mint errors were common; a slightly off-center strike could turn an ordinary piece into something mildly diverting for the patient collector.

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AI Analysis & Price Prediction

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