-40%
1818 M GJ Fernando VII Spain Gold 2 Escudos NGC AU55 Only 2 Known Better- RARE
1818 M GJ Fernando VII Spain Gold 2 Escudos NGC AU55 Only 2 Known Better- RARE
1818 M GJ Fernando VII Spain Gold 2 Escudos NGC AU55 Only 2 Known Better- RARE
1818 M GJ Fernando VII Spain Gold 2 Escudos NGC AU55 Only 2 Known Better- RARE
1818 M GJ Fernando VII Spain Gold 2 Escudos NGC AU55 Only 2 Known Better- RARE
1818 M GJ Fernando VII Spain Gold 2 Escudos NGC AU55 Only 2 Known Better- RARE

1818 M GJ Fernando VII Spain Gold 2 Escudos NGC AU55 Only 2 Known Better- RARE

$ 764.9

Availability: 100 in stock
  • Refund will be given as: Money Back
  • Grade: AU 55
  • Return shipping will be paid by: Buyer
  • Denomination: 2E
  • Year: 1818
  • Restocking Fee: No
  • Item must be returned within: 14 Days
  • Certification: NGC
  • All returns accepted: Returns Accepted
  • Country/Region of Manufacture: Spain
  • Composition: Gold

    Description

    1818 M GJ Fernando VII Spain Gold 2 Escudos NGC AU55 Only 2 Known Better- RARE.
    Struck at the Royal Mint of Spain -Madrid.
    Obverse
    Laureate head Fernando VII right. Legend around. Date below
    Lettering:
    FERDIN·VII·D·G· HISP·ET IND·R·
    ·1818
    Reverse
    Crowned arms between value in collar of Golden Fleece. Legend around. Mint mark and initials of officials below.
    Lettering:
    IN·ULTROQ·FELIX· ·AUSPICE·DEO
    ·S· ·JB·
    2 S
    HE SPANISH DOUBLOON WAS A SEVEN-GRAM (.225 TROY-OUNCE) GOLD COIN MINTED IN SPAIN, MEXICO, AND THE SPANISH SETTLEMENT OF NUEVA GRENADA (PRESENT-DAY PERU) THAT WAS USED WIDELY IN THE AMERICAS UNTIL THE MID-NINETEENTH CENTURY. THE WORD “DOUBLOON” HAS ITS ROOTS IN THE LATIN WORD “DUPLUS,” MEANING DOUBLE, A REFERENCE TO DENOMINATION OF THIS COIN WORTH TWO ESCUDOS. THESE GOLD COINS WERE EVENTUALLY MINTED IN FOUR DENOMINATIONS, WORTH ONE, TWO, FOUR, AND EIGHT ESCUDOS RESPECTIVELY.
    Strange as it may sound today, America's first official legal tender gold coins weren't American at all -- they were Spanish! However, when you think about it, it makes perfect sense. As a newly independent country, there was little time to organize the striking of hard currency. So, as a result, daily commerce in the early years of the United States was conducted using gold coins produced by foreign governments. One of the five gold denominations struck by Spain and circulated in America, the 2 Escudos lined the pockets and cash boxes of colonists throughout the young country.
    Guaranteed Genuine
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