MEXICO, Colonial. Carlos IV, king of Spain, 1788-1808. 8 Reales 1794 Mo (Silver, 39 mm, 26.92 g, 12 h), Ciudad de México (Mexico City). CAROLUS•IIII• - DEI•GRATIA / •1794• Laureate and cuirassed bust of Carlos IV to right. Rev. •HISPAN•ET IND•REX•Mo•8 R•F•M• Crowned coat of arms between the Pillars of Hercules, PLUS - ULTRA. Calicó 956. KM 109. Nicely toned. Some areas of weakness, tiny flan faults and small deposits on the reverse, otherwise, very fine.