8 Escudos - Felipe V Cuenca

Felipe V abdicated in January 1724 in favor of his son Luis I, then reclaimed the throne seven months later when Luis died of smallpox at seventeen. The 1725 date places this coin squarely in the chaotic resumption of his reign, a period when Spanish colonial minting infrastructure was being reorganized under pressure from both Bourbon administrative reform and persistent fraud at the provincial mints. Cuenca was among the lesser cob-era assay offices, and its output of milled coinage in this denomination is substantially thinner than contemporaneous production at Madrid or Seville.