Spanish Conquistadores and Missionaries flocked to the Americas in search of wealth or in hopes of spreading the gospel in the new world. Most of the mineral wealth they could gather was melted and turned into coins. Bust Dollars, such as this beautiful coin, were called such because the bust of the reigning monarch’s image appeared on the obverse side of the coin.
These coins were also made with the new screw press technique, and, in comparison to previous issues, are exceptionally symmetrical and clearly struck. Ferdinand VI, called the learned was King of Spain from 1746 until 1759. He was the son of king Philip V.
Although he was the first Ferdinand of the United Kingdom of Spain, he numbered himself after Ferdinand V, King of Castile. Ferdinand VI abandoned the old Spanish policy of foreign entanglements and kept Spain neutral during the early part of the Seven Years’ War. He also promoted internal welfare by encouraging industry, and he reorganized the navy.