Obverse: Crowned coat of arms, VIII vertical to the left of shield denoting the value with pellet above and below, S over P to the right of shield denoting Seville mintmark, P assayer with pellet above and below. Text around PHILIPPVS V DEI GRAT, separated by four petal rosettes.
Reverse: Greek cross with castles in the first and fourth quarter, lions in the second and third quarter all within octafoil. The castles and lions represent the regions of Castile and Leon. Text around HISPANIARVM REX 1705, separated by four petal rosettes.
History: Felipe V was the first Bourbon King who came to the throne in 1700. The shield on the obverse identifies the lands controlled by the king. From top left anti-clockwise:
Quadrants of castles and lions – Kingdoms of Castile and Leon
Horizontal bar – Austria
Diagonal Lines – Old Burgundy
Vertical Lion – Flanders
Eagle – Tyrol
Lion – Brabant
Fleur-de-lis – New Burgundy and France
X with eagles in the left and right quadrants – Naples and Sicily
Verticle lines – Aragon
In the centre shield the prominent three Bourbon fleurs-de-lis
Date: Seville mint, P assayer, 1705.