Colonial Acres Coins
SKU: SKU:WC-6662
Bolivia 1705 Cob 8 Reales VF-EF (VF30)
Bolivia 1705 Cob 8 Reales VF-EF (VF30)
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Bolivia 1705 Cob 8 Reales VF-EF (VF30)
Philip V of Spain played an indirect but important role in the early colonial development of what is now Bolivia during his reign (1700–1746). As the first Bourbon monarch following the War of the Spanish Succession, Philip introduced sweeping administrative and economic reforms aimed at strengthening royal control over Spain’s vast empire. In Upper Peru—modern Bolivia—these changes affected the governance of key mining centers like Potosí, one of the richest sources of silver in the colonial world. Bourbon policies sought to increase efficiency and revenue extraction, tightening oversight of colonial officials and reorganizing trade systems. While these reforms helped sustain Spanish authority and maximize profits from Bolivian silver, they also contributed to growing local dissatisfaction that would later fuel resistance movements in the region.
Specifications:
Monarch: Philip V (1700-1724-1724-1746)
Composition: 0.931 Silver
Weight: Approx. 27 g
Diameter: Approx. 35 mm
Shape: Cob
Mint: Potosi, Bolivia
Philip V of Spain played an indirect but important role in the early colonial development of what is now Bolivia during his reign (1700–1746). As the first Bourbon monarch following the War of the Spanish Succession, Philip introduced sweeping administrative and economic reforms aimed at strengthening royal control over Spain’s vast empire. In Upper Peru—modern Bolivia—these changes affected the governance of key mining centers like Potosí, one of the richest sources of silver in the colonial world. Bourbon policies sought to increase efficiency and revenue extraction, tightening oversight of colonial officials and reorganizing trade systems. While these reforms helped sustain Spanish authority and maximize profits from Bolivian silver, they also contributed to growing local dissatisfaction that would later fuel resistance movements in the region.
Specifications:
Monarch: Philip V (1700-1724-1724-1746)
Composition: 0.931 Silver
Weight: Approx. 27 g
Diameter: Approx. 35 mm
Shape: Cob
Mint: Potosi, Bolivia
