Philip IV 2 Escudos obverseObverse

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

$6,999.99$6,999.99$6,999.99

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

CountrySpain
Years Minted1621–1665
CompositionGold
Weight6.77 g
Diameter23 mm
ShapeRound

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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