Spanish escudo

Spanish escudo

The escudo was the name of two distinct Spanish currency denominations.

Gold Escudo, 1566-1833

The first escudo was a gold coin introduced in 1566, with coins denominated in escudos issued until 1833. It was initially worth 16 "reales". When different reales were introduced, the escudo became worth 16 "reales de plata" in 1642, then 16 "reales de plata fuerte" or 40 "reales de vellón" from 1737.

Coins

Gold coins were issued in denominations of ½, 1, 2, 4 and 8 escudos, with the 2 escudos coin known as the dubloon. Between 1809 and 1849, coins denominated as 80, 160 and 320 reales (de vellon) were issued, equivalent, in gold content and value, to the 2, 4 and 8 escudo coins.Most were minted in Madrid, marked with a superscripted M or in Seville bearing an S below and left of the Royal Coat of Arms. The mintmaster's initials appeared on the opposite side.

ilver Escudo, 1864-1869

The second escudo was the currency of Spain between 1864 and 1869. It was subdivided into 100 "céntimos de escudo". The escudo replaced the "real" at a rate of 10 reales = 1 escudo. It was itself replaced by the "peseta", at a rate of 2½ pesetas = 1 escudo, when Spain joined the Latin Monetary Union. The later silver escudo was worth one quarter of the earlier, gold escudo.

Coins

Copper coins were issued in denominations of ½, 1, 2½ and 5 céntimos de escudo, with silver 10, 20 and 40 céntimos de escudo, 1 and 2 escudos, and gold 2, 4 and 10 escudos. The 1 escudo was introduced in 1864, followed by the other silver and gold coins in 1865 and the copper coins in 1866. All the coins were minted until 1868, with 10 escudos also minted in 1873 during the First Republic.

ee also

* Portuguese escudo

References

*numis cite SCWC | date=1991

External links

Standard numismatics external links
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dollarization_1_name =
gfd_1_url = Spain
gfd_1_name = Spain
gfd_data_1_url =
gfd_data_1_name =
show_gfd_excel = Y


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