2 Escudos - Felipe V

Felipe V inherited the Spanish throne in 1700, triggering the War of the Spanish Succession — a conflict that stretched across Europe and drained colonial mints of their output to fund military campaigns. Mexico City was producing gold cobs throughout this period under considerable pressure to maximize remittances to the Crown. The macuquina coinage of this era is notoriously irregular; the 2 Escudos denomination was struck from hand-cut planchets, meaning no two pieces share identical shape or precise weight distribution.

KM#53 spans assayers Mo and J, the latter transition point falling around 1714.