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Denomination: 2 Reale Date: 1667 CE
Region: New World Mint: Potosi (Jose de Vargas y Flor)
Charles III (Spanish: Carlos Sebastián) (20 January 1716 – 14 December 1788) was King of Spain (1759–1788). He also was Duke of Parma and Piacenza, as Charles I (1731–1735); King of Naples, as Charles VII, and King of Sicily, as Charles V (1734–1759). He was the fifth son of Philip V of Spain, and the eldest son of Philip's second wife, Elisabeth Farnese. A proponent of enlightened absolutism and regalism, he succeeded to the Spanish throne on 10 August 1759, upon the death of his childless half-brother Ferdinand VI. In 1738 he married Princess Maria Amalia of Saxony, daughter of Augustus III of Poland, who was an educated, cultured woman. The couple had 13 children, eight of whom reached adulthood, including Charles, heir to the Spanish throne. As King of Spain, Charles III made far-reaching reforms to increase the flow of funds to the crown and defend against foreign incursions on the empire. He facilitated trade and commerce, modernized agriculture and land tenure, and promoted science and university research. He implemented regalist policies to increase the power of the state regarding the church. During his reign, he expelled the Jesuits from the Spanish Empire. He strengthened the Spanish army and navy expenses. Most of his reforms proved successful in providing increased revenue to the crown and expanding state power, leaving a lasting legacy.