1 Real - Felipe V

Felipe V inherited the Spanish throne in 1700 through the will of the childless Carlos II, triggering the War of the Spanish Succession and nearly a decade of European conflict over whether a Bourbon would control Spain's vast colonial minting apparatus. The Santa Fe de Bogotá mint, operating under the New Kingdom of Granada, continued striking cob-style macuquina coinage throughout this period — a medieval production method already considered archaic by European standards but retained for its speed and silver throughput.

The assayer's initial on these pieces is the primary tool for narrowing the date range within the 1702–1732 window.