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1/2 Real - Felipe V Pattern

Issuer Casa de Moneda de México
Year 1732
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Value 1/2 Real
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Obverse description Central field features the quartered Royal Arms of Spain surmounted by a large ornate crown, displaying the castles of Castile and lions of León in the principal quarters with the Bourbon fleur-de-lis in the inescutcheon, all rendered in high relief. The crowned shield occupies the majority of the coin's face and is characteristic of the early pillar coinage reform style. A circular legend in Latin surrounds the central device, reading PHILIP.V.D.G.HISPANETIND.REX, identifying the monarch as Philip V, by the grace of God, King of Spain and the Indies. The lettering is executed in Roman capitals and follows the scalloped inner border of the coin's perimeter. The overall style reflects the transitional milled coinage introduced at the Mexico City Mint in 1732.
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Reverse description The reverse presents two crowned hemispheres representing the Old and New Worlds, positioned side by side at center, flanked by the Pillars of Hercules with scrolling banners bearing the PLUS VLTRA device. The composition is characteristic of the newly introduced milled pillar coinage design first struck at Mexico City in 1732. The circular Latin legend VTRAQUE VNUM encircles the design, expressing the motto 'Both as One,' referring to the union of the two hemispheres under the Spanish Crown. The mint mark Mo appears to the left of the date, and the date 1732 is placed at the bottom of the reverse field, with a second Mo to the right. The design represents a significant departure from the cob (macuquina) coinage it replaced, showcasing refined mechanical minting technique.
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