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8 Reales - Luis I

Issuer Casa de Moneda de Lima
Year 1725-1726
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Shape Round
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Obverse script Latin
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Reverse description Two crowned Pillars of Hercules flanking a central crowned shield, with waves at the base representing the sea between the Old and New Worlds. The assayer initial M appears to the left, the denomination numeral VIII (or 8) in the center field, and the Lima mint mark L to the right. The date appears partially visible in the field, with the legend PLVS VLTRA alluding to the motto beyond the pillars, all rendered in the irregular strike typical of macuquina cob coinage of the Lima mint.
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Additional information

Luis I reigned for just seven months before dying of smallpox in August 1724, making his coinage among the briefest-reign issues in Spanish colonial numismatics. Lima's minters were working from royal proclamations that arrived months behind the actual events in Madrid, which means dies cut in his name continued to be used into 1725 and possibly 1726 — well after the throne had reverted to his father, Felipe V, who had abdicated in favor of his son and then been forced to resume rule.

The overlap with Felipe V's resumed coinage creates attribution headaches that still generate specialist debate.

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