Jack's Mexican 8 Reales Columnarios of Philip V
1744MO MF

Owner Comments:

Philip V was the first of the Bourbon kings of Spain, appointed to the head of an empire weakened by war and heavily in debt. Much of the silver from the New World, like this coin, quickly went into the hands of Spain's creditors. I tried to fill the Philip V slot in my Mexico City Type set with a raw coin purchase but gave up after 5 attempts. This was a slabbed purchase from the Stack's Bowers June 2011 Baltimore Auction. Lot #6170. KM-103; FC-16a; El-103; Gil-M-8-16.