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1 Escudo - Felipe V

Issuer Casa de Moneda de México
Year 1732-1747
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Currency Real (1535-1897)
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Reverse description A crowned royal shield of the Spanish monarchy occupies the center of the reverse, displaying the quartered arms of Castile and León with the Granada pomegranate in base. The assayer's initial appears to the left of the shield and the denomination numeral to the right. A circular Latin legend surrounds the design, with the Mexico City Mint mark (Mo) prominently placed, typically at the base of the legend. The overall composition follows the standard layout of the Spanish colonial milled gold coinage series.
Reverse script Latin
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Additional information

The 1732 date marks the introduction of milled coinage at Mexico City, when Felipe V ordered the transition from hand-struck macuquinas to mechanically produced coins — a reform driven less by aesthetic preference than by chronic fraud losses from clipping and counterfeiting. The escudo series was among the first denominations produced on the new machinery, making early-date examples witnesses to a fundamental restructuring of colonial mint operations.

Felipe V himself never saw Mexico; the reform was administered through viceregal bureaucracy and enforced under threat of prosecution for mint officials who delayed conversion of the old equipment.

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