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8 Escudos - Felipe V

Issuer Mexico City Mint
Year 1702-1723
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Shape Round
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Reverse description Central field bearing the quartered arms of Castile and León — alternating castles and lions — within a plain cross dividing the shield into four quarters, surmounted by a royal crown. A beaded inner border separates the shield from the surrounding circular legend. The peripheral inscription HISPANIARVM ET INDIARVM REX encircles the design, proclaiming the monarch's title as King of the Spains and the Indies, rendered in the bold, irregular lettering characteristic of hammered cob coinage of the period.
Reverse script Latin
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Additional information

Felipe V ascended to the Spanish throne in 1700 as the first Bourbon king, triggering the War of the Spanish Succession almost immediately — a conflict that dragged on until 1714 and stretched colonial minting operations thin. The Mexico City Mint continued striking macuquina, or cob coinage, throughout this period using the same irregular hammer-struck method unchanged for nearly two centuries, despite Bourbon reformers already agitating for milled coinage back in Madrid.

The transition to round, milled eight escudos at Mexico City would not come until the 1730s. Every example from this issue is a product of that older, deliberately crude process — weight-correct but geometrically accidental.

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