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8 Reales - Ferdinand VI

Issuer Casa de Moneda de Potosí
Year 1746-1760
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Reference(s) KM#40
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Obverse script Latin
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Reverse lettering •POTOSI•ANO•1747•EL•PERV•
(Translation: Potosi, year, 1747, of Peru.)
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Additional information

Ferdinand VI never visited the Americas, and his coinage from Potosí reflects the administrative distance between Madrid and the Viceroyalty of Peru. The Potosí mint had a long history of fraud — most notoriously the scandal of 1649, when assayers were found to have debased silver on a massive scale for years — and the Crown's tightened oversight during Ferdinand's reign was partly a consequence of that institutional distrust still reverberating a century later.

This macuquina-style cob issue was among the last of its type; the transition to milled coinage at Potosí was completed by 1773 under Charles III.

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