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#6787 Spanish 1/2 Escudo Earrings
Certificate of Authenticity

#6787 Spanish 1/2 Escudo Earrings

$1,350.00


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  • Obverse: King Charles III
  • Reverse: Royal Coat of Arms
  • Date: 1787 & 1788, Grade: Very Fine
  • Mint: Madrid, Spain
  • 22k Gold Spanish 1/2 Escudo Coins in 14k Gold Earrings
  • Framed Coin Size (Each): 16mm Diameter, Weight 3g (each)

Description:
Charles III was the King of Spain from 1759 to 1788. It was under Charles' reign that Spain began to be recognized a nation, rather than a collection of kingdoms and territories. During this period, the Spanish had a great rivalry with Britain, which led Charles to support the Americans in the revolutionary war. These coins are genuine Spanish gold 1/2 Escudos from the reign of Charles III, featuring his bust on the obverse and the royal coat of arms on the reverse.
During the 16th -18th centuries, Spain was the premier supplier of gold and silver coins for the world. This was accomplished through the discovery of untold riches, that were effectively mined in the Americas. Although Spain’s mighty armada strove diligently to deliver the wealth to the king, both pirates and bad weather became such obstacles, that many galleons were lost at sea. Spanish coinage of this historical period were minted according to weight. Silver coins are known as "reales" and gold coins are known as "escudos" or “doubloons”, decreed by the King to be 22 karats. Two 8 reales (about 27 grams each) equaled one escudo and the wage for a common worker in the 18th century was around a half escudo per month. There were five denominations in gold, the largest was the eight escudo followed by the four escudo, two escudo, one escudo and half escudo.