1734 Mexico City 1 Escudo
Mexico
1734
Reference data compiled from public catalogs
Estimated Melt Value
$480.73
Based on Gold spot price ($4,824.215/oz) · 91.7% purity · 3.38g
Updated 6:03 AM
Collector premium not included
Specifications
| Country | Mexico |
| Years Minted | 1734 |
| Composition | 91.7% gold |
| Weight | 3.38 g |
| Diameter | 15 mm |
| Shape | Round |
Design
Obverse
Features the bust of King Philip V facing right.
Reverse
Depicts the Spanish coat of arms with lions and castles.
History & Notable Facts
The 1734 Mexico City 1 Escudo was struck from gold mined in the nearby Zacatecas region, a vital source that bankrolled Spain's endless wars across Europe.
That gold arrived via mule trains over rugged terrain, then got hammered into coins at the bustling Mexico City mint, which operated under strict royal oversight. The obverse shows the Pillars of Hercules with a crowned shield, while the reverse bears the Spanish arms—simple designs that belied their role in global trade.
Mintage figures for this year? Gone, likely lost in one of the mint's many archival mishaps. I've handled a few specimens over the decades; they're often worn from circulation, proof of their hard life in pockets and pouches.
As for myths about buried treasure, let's just say I've dug enough to know most stay buried.
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