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2 Escudos - Felipe V Colonial Cob Coinage
| Issuer | Casa de Moneda de Lima |
|---|---|
| Year | 1701-1744 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Obverse description | Cross of Jerusalem in the center field, formed by four equal arms, with the castles of Castile and the lions of León alternating in the four quadrants, each within a tressure. The cross divides the field into four sections in the characteristic macuquina (cob) style, with an irregular, hand-struck flan. Portions of a beaded border are visible along the coin's uneven periphery, typical of hammered cob coinage of the Lima Mint. |
|---|---|
| Obverse script | Latin |
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| Additional information |
Lima cob coinage under Felipe V occupies an awkward transitional moment in colonial minting — these were the last years of the macuquina tradition before the Bourbon reforms of the 1730s and 1740s forced Lima, like Mexico City and Potosí, to abandon hand-struck cobs entirely in favor of mechanically milled coinage. The shift was partly cosmetic, driven by Madrid's embarrassment that Spanish colonial gold looked crude compared to the machine-struck output of northern European mints.
Assayer letters on Lima cobs from this period are the primary dating tool, with the transition between assayers occasionally producing pieces attributable to a window of just a few years.