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8 Reales - Felipe II

Issuer Casa de Moneda de México (Mexico City Mint)
Year 1556-1598
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Currency Real (1535-1897)
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Obverse script Latin
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Reverse lettering HISPANIARVM ET INDIARVM REX
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Additional information

Felipe II never set foot in the Americas, yet his monetary policy shaped its economy for two centuries. The Mexico City Mint — the first operating mint in the Western Hemisphere, established 1535 — produced these cobs under assayer oversight so inconsistent in the early Felipe II period that weight and fineness varied enough to prompt a royal investigation in 1572. Several assayers faced criminal proceedings; at least one was executed.

The macuquina striking method, hand-hammered on irregular planchets, means no two pieces are identical. Dies were cut locally, not sent from Spain.

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