1721 Spanish Real

Inscription says 1721, Phillip V of Spain.
The R next to coat of arms means Real? What do the other letters mean?
How much is it worth?

Thanks,
Amit

 

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The R is for Real, but the II opposite of it means 2, the F below that is the mintmark.

According to my Krause ...

Spain 2 Reals
1721-F KM# 297
6.77g, 0.903 silver, 0.1965 ASW

VG-$8.00
F-$15.00
VF-$25.00
EF-$40.00

 

Philippus V D.G. - Phillip V Del Gratia (by the grace of god)
Hispaniarum Rex - King of Spain

 

Thanks for the quick response

 

Not quite. F stands for the initial of the chief assayer. The mintmark is below the R, which is an aqueduct (Segovia mint).