Catalog
8 Reales - Felipe V
| Issuer | Casa de Moneda de México (Mexican Mint) |
|---|---|
| Year | 1732-1747 |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Orientation | Coin alignment ↑↓ |
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|---|---|
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| Reverse description | Log in to see details |
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| Reverse lettering | VTRAQUE VNUM PLUS VLTR Mo 1741 MF (Translation: Both as one Further beyond) |
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| Mintage | 1732 F - - 1733 F - overdate variety exists - 1733 MF - - 1733 MX - - 1734 MF - overdate variety exists - 1735 MF - - 1736 MF - - 1737 MF - - 1738 MF - overdate varieties exist - 1739 MF - overdate varieties exist - 1740 MF - overdate varieties exist - 1741 MF - overdate variety exists - 1742 MF - overdate varieties exist - 1743 MF - overdate variety exists - 1744 MF - overdate varieties exist - 1745 MF - - 1746 MF - overdate variety exists - 1747 MF - - |
| Additional information |
The 1732 date marks a turning point in American silver coinage: that year, the Mexico City mint introduced the first machine-struck "milled" coinage in the New World, ending nearly two centuries of the irregular hand-struck macuquina or "cob" coinage that had frustrated merchants and counterfeit-detectors alike. Felipe V had pushed for monetary reform across his colonial mints, and Mexico City was the first to comply, deploying the new screw press technology that produced coins of consistent weight, diameter, and edge milling.
The timing was not purely administrative. Widespread clipping of the old cob coinage had eroded confidence in Spanish colonial silver on European and Asian markets. The redesigned milled coinage restored that trust almost immediately.