Obverse: Features a bust of King Charles III of Spain, with the inscription "CAROLUS III DEI GRATIA" (Charles III, by the Grace of God). The year 1783 is prominently displayed below the bust.
Reverse: Displays the Spanish coat of arms, flanked by the Pillars of Hercules with the motto "PLUS ULTRA" (Further Beyond). The design represents Spain’s dominance in the Americas during the 18th century.
Mint Mark: The "Mo" mark indicates that this coin was minted in Mexico City.
Historical Note: This particular coin was recovered from the wreck of the Spanish ship "El Cazador," which sank in 1784 while carrying silver to bolster Spain's economy in Louisiana.