Gold Escudo: A Spanish Gold Coin

The Gold Escudo was a gold coin minted in Spain from 1537 to 1833. It was introduced during the reign of Charles I of Spain.

The coin was named after the Spanish word for "shield" or "coat of arms", which was featured on the coin's design. This design element was meant to symbolize the power and protection of the Spanish monarchy.

The Gold Escudo was initially minted with a gold content of 22 karats, but later coins were minted with a gold content of 18 karats. This change in gold content was made to reduce the cost of production.

The 1715 Fleet was a Spanish treasure fleet that sailed from Havana, Cuba on July 24th, 1715, carrying a cargo valued at fourteen million pesos in silver, gold, and jewels.

One week into the voyage, the fleet was met by a furious hurricane near present-day Vero Beach, Florida, resulting in the loss of eleven ships and 700 lives.

The wreckage of the 11 ships was strewn over a 40-mile area from Ft. Pierce to Cape Canaveral on Florida's east coast.

The 1715 Fleet was a maritime disaster of all time, with the loss of 14 million pesos in registered treasure.

Here is a list of some key facts about the 1715 Fleet:

The 1715 Fleet continues to reward those who possess the knowledge, fortitude, and courage to explore the often turbulent and treacherous waters just offshore of what has consequently become known as Florida's "Treasure Coast."

The 1715 Fleet 8 Escudo Coin is a rare and precious treasure that has been recovered from the wreckage of the Spanish galleons that sank in 1715.

This coin is a true piece of history, weighing in at 26.6g and made from 22kt gold. It's a Denomination of 8 Escudo, minted in Mexico during the reign of Philip V.

The 1715 Fleet was a treasure-rich fleet that sailed from Havana, Cuba on July 24th, 1715, carrying a cargo valued at fourteen million pesos in silver, gold, and jewels. The fleet was met by a furious hurricane near present-day Vero Beach, Florida, resulting in the loss of eleven ships and 700 lives.

The wreckage of the 1715 Fleet was strewn over a forty-mile area from Ft. Pierce to Cape Canaveral on Florida's east coast, and it's only in recent decades that these shipwrecks have begun to give up their treasures.

Here are some key facts about the 1715 Fleet 8 Escudo Coin:

The 1715 Plate Fleet reproduction coins are truly impressive pieces of art. Each 24 karat gold reproduction coin is cast and finished in-house by expert goldsmiths.

The coins are made from 5.4 grams of 24 karat yellow gold, which is a significant amount of gold.

The gold mount that holds the coin in place is made from 3.8 grams of 14 karat yellow gold.

These gold reproduction coins are a testament to the craftsmanship and attention to detail of the goldsmiths involved in their creation.

The gold escudo was a coin minted in Mexico from 1536 to 1821, featuring a distinctive design that included a coat of arms on the reverse side.

The gold escudo was often countermarked with a crown, which was a hallmark of the Spanish mint.

This coin was highly valued for its gold content and was used as a standard unit of currency in Mexico during the colonial period.

The gold escudo was also used as a store of value, with many people hoarding them as a safe investment during times of economic uncertainty.

Its gold content was 3.431 grams, which was a significant amount for a coin of its time.

The gold escudo was widely accepted as a form of payment throughout Mexico and was used to purchase goods and services.

Its design and gold content made it a highly sought-after coin among collectors and investors.

Spanish gold coins were minted in various denominations, including one, two, four, and eight escudo, with the eight escudo coin being the largest and most valuable.

The eight escudo coin, also known as a quadruple pistole or double doubloon, was highly sought after and was used as a medium of trade during the Spanish colonial era. It was valued at £5 8s in Philadelphia and £5 16s in New York City.

The Spanish gold coins were minted mainly in Spanish America and were known for their historical significance, rarity, and exquisite design. They were made of 22kt gold and weighed around 26.6g.

Here's a quick reference to the different denominations of Spanish gold coins:

The Spanish Escudo coin is a fascinating piece of history. It was a medium of trade during the Spanish colonial era and was minted mainly in Spanish America.

The Escudo was a gold coin that was often called a "shield" and equaled sixteen reales of silver. It was produced in various denominations, including one, two, four, and eight escudo pieces.

The eight escudo coin, in particular, was a large and valuable coin that was highly sought after. It was called a "quadruple pistole" or a double doubloon, and its value was significant in the early United States.

In Philadelphia, the eight escudo doubloon was worth £5 8s, while in New York City, it was valued at £5 16s. Spanish gold coins like the Escudo were regularly accepted in the early United States and continued to be minted in the New World until 1821.

The 1715 Fleet, a Spanish treasure fleet, lost 14 million pesos in registered treasure when it sank off the coast of Florida. This treasure included gold coins like the Spanish Escudo, which were minted in Mexico and other Spanish colonies.

Here are some key facts about the Spanish Escudo coin:

The Doubloon was originally minted in the 16th century and was used as currency in the Spanish colonies and other parts of the world.

It was often used by pirates due to its widespread use in the New World, making it a coveted treasure.

The doubloon was typically depicted in pirate tales and stories as a highly valued coin.

Collecting Gold Escudos requires caution to avoid costly mistakes. Make sure to do thorough research on the coin to ensure its authenticity.

Counterfeit coins are a significant concern, so it's essential to purchase from a reputable dealer. Look for a dealer with a good track record and positive reviews.

A reputable grading company like NGC or PCGS can verify the coin's authenticity and assign a grade. This can increase the coin's value and provide a level of assurance for collectors.

The value and historical significance of Gold Escudos cannot be denied, but it's crucial to approach collecting with a critical eye. Avoid buying coins without proper research or from unverified sources.