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2 Reales - Felipe V

Issuer Mexico City Mint, Viceroyalty of New Spain
Year 1730
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Shape Round
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Obverse description Cob-style (macuquina) obverse displaying the crowned royal monogram of Felipe V at center, flanked by the assayer initial R and the mint mark Mo (Mexico City) to the right. A bold cross divides the field, with the denomination numeral 2 visible within the design. The irregular flan, characteristic of cob coinage, shows the partial strike typical of colonial milled cob issues. The legend PHILIPVS V DEI G, affirming the king's title by divine grace, appears partially around the periphery in Roman capitals.
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Edge Reeded
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Additional information

The 1730 date places this cob-style striking in the final years of macuquina production at Mexico City. Felipe V had ordered the transition to milled coinage as early as 1728, when the new round, mechanically struck coins began emerging from the same mint — meaning this piece was struck in deliberate parallel with its modernized successor, not as a holdover of neglect but of overlapping monetary policy during a slow phaseout that would not fully conclude until 1734.

Cobs of this late transitional window tend to show cleaner strikes than earlier macuquina, as mint discipline tightened under reform pressure.

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