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8 Reales - Philip IV

Issuer Casa de la Moneda de Potosí
Year 1649
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Value 8 Reales
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Reverse description A bold Jerusalem cross with ornate trefoil terminals divides the field into four quadrants, each bearing alternating castles and lions, the traditional arms of Castile and León, set within a lobed quatrefoil border. The date 1649 is partially visible in the surrounding legend. A beaded border frames the design, and the Latin legend around the periphery reads INDIARVM REX ANNO, referencing Philip IV's title as King of the Indies.
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Mintage 1649 PZ - KM#19b -
1649 PZ - KM#R19b -
Additional information

The Potosí mint in 1649 was operating under the shadow of one of colonial Spanish America's most damaging fraud scandals. From roughly 1634 onward, mint officials — including the assayer Francisco Gómez de la Rocha — had been systematically debasing the silver content of cob coinage well below the mandated fineness. The fraud was exposed in 1649, triggering mass arrests, executions, and a complete reorganization of the mint. Coins struck in that transitional year carry an uncertain pedigree: some predate the purge, some follow it.

The KM#R19b designation flags this as a restrike, a distinction worth scrutinizing carefully against the assayer mark.

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