1598-65 Spain 2 Escudos PCGS AU53
Item #CC-0863 | 1598-65 Spain 2 Escudos PCGS AU53
Mint: Spain, likely Seville
Assayer: N/V
Ruler/Period: King Philip III or IV
Grade: AU 53
For details and population on this coin from PCGS, click on the serial number here: 49945624
Description: An absolute beauty of a 2 escudos! Struck in Spain, likely at the Seville mint, this gem of a coin is amongst the most popular of the time. This coin has a wonderfully struck planchet with a full shield and cross indicative of the Spanish mints in Spain. This coin is full weight and free of any major wear or blemishes. A gorgeous coin from the golden age of the Spanish Empire.
Beginning in the early 16th century, the Spanish Empire emerged as the world’s dominant global power, fueled by vast silver and gold resources from the Americas. To manage this wealth, Spain established major domestic Spanish as well as colonial mints, starting with the Mexico City Mint in 1535, followed by others such as Lima and Potosí. Early Spanish coins were hand-struck silver cobs, including the famous 8 reales, which became the first truly global currency, circulating throughout Europe, the Americas, Africa, and Asia. By the late 17th and 18th centuries, Spain transitioned to milled coinage with more precise designs to combat fraud and debasement. Spanish imperial coinage not only financed wars and trade but also shaped the foundations of the modern global monetary system.
In stock
$3,250.00
