1774-FM Mexico Silver Real KM.78.2 - Counterstamped E.C - About Good 1/2 Dinero The Panic of 1837 was

The Panic of 1837 was a financial crisis in the United States that touched off a major recession that lasted until the mid-1840s

Semi-key date

This design depicts an aerial view of mounds in the Marching Bear Group

The coins are "distinctly Rooseveltian" in character

This specimen is graded a near perfect PF 69 Ultra Cameo by Numismatic Guaranty Corporation (NGC)

1774-FM Mexico Silver Real KM.78.2 - Counterstamped E.C - About Good 1/2 Dinero The Panic of 1837 wasKM# 78. 2 Denomination Real Country Mexico Government Spanish Colony Ruler Charles III Coinage Type Milled Coinage Mint Mexico City Composition Silver Fineness 0. 903 Weight 3. 38 g 0. 0981 oz ASW Description Obverse Armored bust of Charles III, right Legend Obverse CAROLUS III DEI GRATIA Legend Reverse Crowned shield flanked by pillars with banner, normal initials and mint mark