Carlos IV 1 Escudo
Spain
1788–1808
Reference data compiled from public catalogs
Estimated Melt Value
$477.97
Based on Gold spot price ($4,792.195/oz) · 91.7% purity · 3.383g
Updated 7:39 PM
Collector premium not included
Specifications
| Country | Spain |
| Years Minted | 1788–1808 |
| Composition | 91.7% gold |
| Weight | 3.383 g |
| Diameter | 17 mm |
| Shape | Round |
Design
Obverse
Bust of King Carlos IV facing right.
Reverse
Crowned coat of arms of Spain.
History & Notable Facts
The Carlos IV 1 Escudo was struck using gold primarily sourced from the rich mines of Mexico and Peru, a direct tie to Spain's colonial empire that fueled its economy.
This made the coin a practical medium for international trade, even as Europe teetered on the brink of revolution. The obverse typically bore the king's portrait, while the reverse featured the Spanish coat of arms, all engraved with the precision expected of late 18th-century minting.
Variations exist, but records from certain years are murky; the 1838 fire at the Madrid archives likely destroyed some details. As for myths, I've heard tales of these coins turning up in pirate hoards, but that's probably just romantic nonsense.
One dry note: If you think handling these feels like touching history, wait until you drop one—it's startlingly real.
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