A circulating piece with a hole.
The last variation of the 1/2 escudo of Carlos III.
Obverse: bust of the ruler to the right, in the rim legend:
CAROL-III-D-G-HISP-R-1788;
Reverse: coat of arms of Spain banded with the Order of the Golden Fleece, S-C on the sides;
Gold .875, diameter 15 mm, weight 1.7 g.
