ObverseImage: Wikimedia Commons · Numismática Pliego · CC BY-SA 3.0
Charles III 2 Escudos
Spain
1759–1788
Reference data compiled from public catalogs
Market Price Range
Based on 18 eBay listings · Prices vary by grade and condition
Estimated Melt Value
$958.73
Based on Gold spot price ($4,804.945/oz) · 91.7% purity · 6.77g
Updated 3:56 PM
Collector premium not included
Specifications
| Country | Spain |
| Years Minted | 1759–1788 |
| Composition | 91.67% gold |
| Weight | 6.77 g |
| Diameter | 21 mm |
| Shape | Round |
Design
Obverse
Features a portrait of King Charles III facing right.
Reverse
Displays the Spanish coat of arms within a decorative frame.
History & Notable Facts
This 2 Escudos coin from Charles III's reign was struck using gold from the Americas, a direct result of Spain's efforts to streamline its colonial trade under the Bourbon reforms.
That meant melting down older silver coins and repurposing the metal, though not always perfectly. The obverse typically shows Charles III's bust, facing right, with the date below; the reverse features a crowned shield of arms. Weights varied slightly by year, usually around 6.77 grams of .917 fine gold, but records from some mints are spotty.
We've seen fakes over the years, often with softer edges that give them away. As for exact mintage, who knows? The archives burned in the 19th century, so we're left guessing.
Some call it rare, but that's just hype; plenty turn up in hoards.
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