Image: Wikimedia Commons · Philippe IV (1605-1665 ; roi d'Espagne). Autorité émettrice de monnaie Madrid (Espagne ; atelier monétaire). Atelier monétaire · Public domain
Philip IV 2 Escudos
Spain
1621–1665
Reference data compiled from public catalogs
Market Price Range
Based on 1 eBay listings · Prices vary by grade and condition
Estimated Melt Value
$941.26
Based on Gold spot price ($4,804.945/oz) · 90.0% purity · 6.77g
Updated 3:56 PM
Collector premium not included
Specifications
| Country | Spain |
| Years Minted | 1621–1665 |
| Composition | Gold |
| Weight | 6.77 g |
| Diameter | 23 mm |
| Shape | Round |
Design
Obverse
Bust of Philip IV facing right.
Reverse
Spanish coat of arms with pillars and waves.
History & Notable Facts
This 2 Escudos coin from Philip IV's reign was struck using gold shipped from the New World mines, often to cover Spain's mounting war debts during the Thirty Years' War.
That gold didn't always arrive pure. Assayers in Seville frequently recycled it from damaged coins or bullion, ensuring the metal stretched further amid Europe's conflicts.
The obverse shows Philip IV's armored bust, a design meant to project royal authority. On the reverse, the Pillars of Hercules flanked by crowns symbolize Spain's global reach.
We don't know the exact mintage figures. Records from that era are spotty, with many lost to time or pillage.
One oddity: These coins sometimes turned up in unexpected places, like a Dutch merchant's ledger. History's way of crossing borders, I suppose.
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