2 Reales - Philip V (Segovia mint; monogram) 1708 front 2 Reales - Philip V (Segovia mint; monogram) 1708 back
2 Reales - Philip V (Segovia mint; monogram) 1708 photo
© Dazaya (CC BY)

2 Reales - Philip V Segovia mint; monogram

1708 year
Silver (.833) 6.1 g 28 mm
Description
Issuer
Spain
King
Philip V (1700-1724, 1724-1746)
Type
Standard circulation coin
Year
1708
Value
2 Reales
Currency
Real (1497-1833)
Composition
Silver (.833)
Weight
6.1 g
Diameter
28 mm
Thickness
1 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-07
References
Numista
N#34404
Rarity index
88%

Reverse

Crowned "V" monogram of Philip V.

Script: Latin

Lettering: DEXTERA · D · EXALTAVIT · ME · 1708

Unabridged legend: Dextera Domini exaltavit me

Translation: The right hand of the Lord has exalted me

Engraver: Ysidoro de Parraga

Comment

Varieties:

Variety 1708 (Cal#1381)

Left palm over right palm.

Variety 1708 (Cal#1382)

Left palm under right palm.

Variety 1708 (Cal#1383)

Cross on crown divides date.

Pictures source “Aureo & Calicó” authorized website

Interesting fact

The 2 Reales coin from Philip V's reign (1700-1746) was the first coin to feature the monarch's monogram, which was a significant departure from the traditional design of Spanish coins. The monogram, which consists of the letters "P" and "V" intertwined, was a symbol of the king's authority and was meant to signify the unity of the Spanish Empire under his rule. This design change marked the beginning of a new era in Spanish coinage and paved the way for future monarchs to include their personal symbols on their coins.