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4 Reales - Felipe V

Uitgever Casa de Moneda de México
Jaar 1716-1723
Type Standard circulation coin
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Beschrijving voorzijde Central field features the royal coat of arms of the Spanish Crown, quartered with the castles of Castile and lions of León, surmounted by a crowned escutcheon. The shield is encircled by a continuous Latin legend reading PHILIPVS V DEI G, with the date and assayer initial appearing in the field. An inner and outer beaded border frames the design.
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Opschrift voorzijde PHILIPVS V DEI G
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Aanvullende informatie

Felipe V inherited the Spanish throne through the War of Spanish Succession, a conflict that dragged on until 1714 and left royal finances severely strained. The Mexico City mint was under enormous pressure to maintain silver output throughout this period, feeding both Iberian war debts and transatlantic trade networks that ran on macuquina coinage by weight rather than face value. These cob-struck pieces were already an anachronism by the 1710s — the Madrid reform debates that would eventually mandate milled coinage were well underway, making this type transitional in a very concrete administrative sense.

The KM#R40 designation flags this as a cob issue, hand-cut from silver bar stock and hammer-struck — a method the Mexico City mint had used since 1535.

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