8 Reales - Luis I

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.