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. These bust dollars were minted starting in the last quarter of the 18th century.
The reigning monarch’s image appeared on the obverse side of the coin and the coat of arms on the reverse side. Inside of the coat of arms are the Fleurs-De-Lis of Bourbon, the Pomegranate of Granada and the traditional castles and lions. These coins were also made with the new screw press technique and therefore are not true cobb coins.