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1695 Mexico 2 Reales

Mexico

1695

Reference data compiled from public catalogs

Estimated Melt Value

$15.75

Based on Silver spot price ($80.39/oz) · 90.0% purity · 6.77g

Updated 6:03 AM

Collector premium not included

Specifications

CountryMexico
Years Minted1695
CompositionSilver
Weight6.77 g
ShapeIrregular
EdgePlain

Design

Obverse

Features the Spanish coat of arms with the royal shield.

Reverse

Displays a cross with lions and castles in the quarters.

History & Notable Facts

I'm not entirely sure about a 1695 2 reales coin specifically attributed to Philip V, as he didn't ascend to the Spanish throne until 1700. What I do know is that the Mexico City mint was active in the late 17th century, producing silver 2 reales pieces under Charles II, often from recycled bullion that included earlier Spanish coins. These were practical currency for trade in the colonies, featuring the typical Pillars of Hercules design on the reverse and a crowned shield on the obverse. Records from that era are spotty; many details, like exact mintage figures, were likely destroyed in various colonial upheavals, including fires and wars. If such a coin exists with Philip V's name, it might be a rare error or a later restrike, though I've never handled one myself in thirty years. Still, the standard 1695 issues remain interesting for their crude strikes and the silver's purity, which reflected the era's mining techniques in places like Zacatecas. All in all, it's a reminder that colonial minting was more about function than finesse—get the metal in circulation and move on.

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