1 Escudo Peru obverseObverse

Image: Wikimedia Commons · Unknown authorUnknown author · Public domain

1 Escudo Peru

Peru

1750–1821

Reference data compiled from public catalogs

Estimated Melt Value

$477.67

Based on Gold spot price ($4,790.835/oz) · 91.7% purity · 3.383g

Updated 10:08 PM

Collector premium not included

Specifications

CountryPeru
Years Minted1750–1821
Composition91.67% gold
Weight3.383 g
Diameter16 mm
ShapeRound
EdgePlain

Design

Obverse

Bust of the reigning Spanish monarch.

Reverse

Crowned shield of arms of Spain.

History & Notable Facts

The most intriguing fact about the Peruvian 1 Escudo is that it was struck from gold mined in the Andes, often sourced from deposits that had been worked since Inca times, blending ancient wealth with colonial ambition. This made each coin not just currency, but a direct link to the continent's subterranean riches.

Design-wise, the coin typically featured the profile of the Spanish monarch on one side and the royal coat of arms on the other, with variations depending on the ruler in power between 1750 and 1821. Mintage figures for specific years remain murky; records from the Lima mint were spotty even then, and many were destroyed in later upheavals.

Sizes varied slightly due to the era's rudimentary minting techniques, which sometimes led to irregular edges that frustrated modern graders. As for myths, I've heard tales of these coins funding revolutions, but that's likely exaggerated—most just circulated as everyday money in a turbulent empire.

Counterfeits were common, which is why experts scrutinize die marks. You might say it's the numismatist's version of hunting ghosts.

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