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2 Escudos - Fernando VI

Issuer Mexico City Mint
Year 1748-1756
Type Standard circulation coin
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Reverse description Crowned quartered shield of the Spanish royal arms at center, displaying the castles of Castile and the lions of León in alternate quarters, with a central escutcheon bearing the fleur-de-lis of the Bourbon dynasty. The ornate royal crown surmounts the shield. The mint mark and assayer initials appear in the lower field flanking the shield, and the peripheral Latin legend encircles the design within a milled border.
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Reverse lettering NOMINA MAGNA SEQUOR *M*Mo*M*
(Translation: We follow the loftiest M Mexico City M)
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Additional information

Fernando VI's reign saw the Mexico City Mint operating under the old macuquina (cob) method for gold coinage well into the mid-eighteenth century, even as milled coinage had already become standard for silver. These irregular, hammer-struck pieces were produced from roughly cut planchets, making full-flan strikes genuinely rare. The transition to milled gold at Mexico City came only in 1732 for silver but lagged considerably for the smaller gold denominations.

KM#126 encompasses the assayer marks of F and M, with the M assayer (Manuel de León) succeeding Francisco de la Peña mid-series.

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