Mexico. "Royal" 8 Reales, 1723-MO-J.

Pricing & History
Mexico. "Royal" 8 Reales, 1723-MO-J. WR-5; KM-47. 26.85 grams. Philip V, 1700-1746. Crowned Bourbon shield. Reverse: Cross quartering arms of Castile and Leon, within foliated tressure. Extraordinarily sharp, full strike on superb metal. Perfectly centered, on fully round flan. Artistic toning, with hints of colorful golds, russets, greens and steel blues. Extremely Rare. A marvelous example, perhaps the finest "Royal" of any Spanish king! Superb. NGC graded AU-58. . Philip V was the first Bourbon king of Spain. He was a Frenchman, formerly Duke of Anjou, and a grandson of Louis XIV. Chosen by the childless Charles II to succeed him, Philip was king of Spain from 1700-1746; he abdicated in January 1724 in favor of his son Louis, but when Louis died in August of the same year, Philip took the throne again. He introduced French ideas and institutions to the Spanish court and and was much influenced by both of his wives, Maria Luisa of Savoy (1701) and Isabella (Elizabeth) Farnese of Parma (1714). Isabella took complete control of her husband's policies and was, in turn, dominated by the chief minister, Cardinal Alberoni. The attempt by the queen and Alberoni to regain the territories in Italy lost by the Treaty of Utrecht led to the formation of the Quadruple Alliance of 1718, to which Spain was forced to submit in 1720. Much of Spain' read more