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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

CountrySpain
Years Minted1788–1808
Composition91.7% gold
Weight3.383 g
Diameter17 mm
ShapeRound

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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