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1 Escudo - Felipe V Madrid

Issuer Real Casa de la Moneda (Royal Mint of Spain)
Year 1719-1727
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Reference(s) KM#312
Obverse description Central field occupied by the crowned quartered Royal Arms of Spain, displaying the castles of Castile and lions of León alternating in the quarters, with the escutcheon of the House of Anjou (fleur-de-lis) at the center, all enclosed within the collar of the Order of the Golden Fleece. The shield is surmounted by a royal crown. The encircling Latin legend reads PHILIPPUS · V · DEI · GRA, identifying the monarch as Philip V by the Grace of God, separated by floral or rosette stops.
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Obverse lettering PHILIPPUS · V · DEI · GRA
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Additional information

Felipe V briefly abdicated in favor of his son Luis I in January 1724, making the eight-month reign of Luis I — who died of smallpox that August — an interruption that forced Felipe back onto the throne. Gold escudo production at Madrid continued across this dynastic turbulence with little pause, which means pieces struck during 1724 could originate from either reign depending on the assayer and die state, a distinction that still divides attribution specialists.

Madrid's output during this window was consistently overshadowed by Seville and the American mints in raw volume. The relatively modest striking quantities from the Villa y Corte make survivors in any condition scarcer than the KM listing alone suggests.

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