Sizzlin' Summer Coin Consignments 5 of 7: Day 3
By Key Date Coins
Jul 20, 2022
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
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LOT 1616:

1775 Mexico 1/2 Real KM-69.2 Grades f details. King Charles III made far-reaching reforms to increase the flow of ...

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Sold for: $15
Start price:
$ 10
Estimated price :
$25 - $100
Buyer's Premium: 18%
Auction took place on Jul 20, 2022 at Key Date Coins
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1775 Mexico 1/2 Real KM-69.2 Grades f details. King Charles III made far-reaching reforms to increase the flow of funds to the crown and defend against foreign incursions on the empire. He facilitated trade and commerce, modernized agriculture and land tenure, and promoted science and university research. He implemented regalist policies to increase the power of the state regarding the church. During his reign, he expelled the Jesuits from the Spanish Empire. He strengthened the Spanish army and navy. Although he did not achieve complete control over Spain's finances, and was sometimes obliged to borrow to meet expenses, most of his reforms proved successful in providing increased revenue to the crown and expanding state power, leaving a lasting legacy. In the Spanish Empire his regime enacted a series of sweeping reforms with the aim of bringing the overseas territories under firmer control by the central government, reversing the trend toward local autonomy, and gaining more control over the Church. Reforms including the establishment of two new viceroyalties, realignment of administration into intendancies, creating a standing military, establishing new monopolies, revitalizing silver mining, excluding American-born Spaniards (criollos) from high civil and ecclesiastical offices, and eliminating many privileges (fueros) of clergy.Historian Stanley Payne writes 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." John Lynch's assessment is that in Bourbon Spain "Spaniards had to wait half a century before their government was rescued by Charles III."

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