Posted 06/08/2016 8:58 pm
Below is my reading of it. Presumably, the use of cordoncillo here is referring to round coins with patterned edges.
FELIPE V. Mexico. 8 reales. 1733. MF. Assayer in two lines, bounded by points at left of the shield, mint and value in Arabic at right. Cayon 9359. EGG.VM. 115.2 (VF- 330 €). 26.95 g. Minimum surface concretions on the reverse. MBC+. Toned. Nice example.
This series known in its time as a hammer was engraved by master Madrid silversmith Francisco Monllor who joined the mint in September 1730. He worked until his death in 1760.
These specimens were not well accepted in the marketplace, since the edict of December 23, 1732 created some confusion about its legality; ordering that any cut coins encountered should not be accepted. The populace understood the edict to refer to this type of coin when in fact it referred to the series of cordoncillo.
In 1734 Mexico stopped minting of aspherical coins (as indicated to us by Burzio, it is common to see this term along with the round in monetary documents after 1728). The duro with corded edge and pillars flanking the two worlds on reverse was the great protagonist of the change that took place during the reign of Felipe V; with complete success by the widespread use of 8 reales columnario and then the bust, which persisted into the twentieth century in Asia.
FELIPE V. Mexico. 8 reales. 1733. MF. Assayer in two lines, bounded by points at left of the shield, mint and value in Arabic at right. Cayon 9359. EGG.VM. 115.2 (VF- 330 €). 26.95 g. Minimum surface concretions on the reverse. MBC+. Toned. Nice example.
This series known in its time as a hammer was engraved by master Madrid silversmith Francisco Monllor who joined the mint in September 1730. He worked until his death in 1760.
These specimens were not well accepted in the marketplace, since the edict of December 23, 1732 created some confusion about its legality; ordering that any cut coins encountered should not be accepted. The populace understood the edict to refer to this type of coin when in fact it referred to the series of cordoncillo.
In 1734 Mexico stopped minting of aspherical coins (as indicated to us by Burzio, it is common to see this term along with the round in monetary documents after 1728). The duro with corded edge and pillars flanking the two worlds on reverse was the great protagonist of the change that took place during the reign of Felipe V; with complete success by the widespread use of 8 reales columnario and then the bust, which persisted into the twentieth century in Asia.
