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2 Reales - Philip V

Issuer Casa de Moneda de Potosí
Year 1729-1746
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Reference(s) KM#29a
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Reverse description Bold Jerusalem cross with equal arms divides the field into four quarters, each bearing elements of the royal legend. The denomination numeral '2' appears prominently in the upper-left quadrant, with the assayer's initial 'C' visible in the upper-right quadrant. A partial date, appearing as '17[4]2', is partially legible in the lower-left quadrant, with the mint mark 'P' for Potosí discernible in the lower-right quadrant. Partial beaded and scroll border frames the design, with a drilled hole at the lower portion of the flan.
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Additional information

Philip V reclaimed the Spanish throne in 1724 after briefly abdicating in favor of his son Louis I, whose death from smallpox after just seven months forced the return. The Potosí mint was producing cob coinage — macuquinas — through much of this period, irregular hand-hammered pieces notorious for inconsistent weight and rampant counterfeiting that plagued colonial commerce. KM#29a falls within the transition years when Madrid was pushing hard for milled coinage across the New World mints, a reform that Potosí would not fully implement until the 1760s.

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