A Crash Course On Treasure Coins

THE SPANISH DOLLAR

A part of our love for coins are the rich history and details behind these coins, and we believe that anyone who shares our sexual love for spanish coins would enjoy reading about them. This is besides an informational lead for those who want to know more about their coin, or are thinking about buying a mint, and would like to know more about them ! Spain ’ s rich history is told through unique gold, ash grey, copper, and bronze maravedis, reales, cape verde escudo, céntimos, and pesetas. A kind of kings and queens, angstrom well as coats of arms, crosses, and other symbolic figures can be found on many different coins. spanish coins can be worth a little luck or mere pennies depending on the type, condition, and the metal content .

HISTORY OF SPANISH COINS

coinage in Spain dates back over two millennia, to Ancient Greek and Roman times. The spanish have been occupied by a number of territories and groups, including the Phoenicians, Carthaginians, Greeks, Celts, Romans, Vandals, Visigoths, Moors and French. spanish coins have evolved based on the state ’ s rule at the time and economic emergence. spanish coins were besides circulated across the New World for over 300 years .
One of the oldest spanish coins is the maravedi, a amber coin that was issued from about 1100 CE to 1847 CE. During that time, the spanish people besides issued the silver medal actual. The maravedi remained the standard gold coin until 1537, when the cape verde escudo became the primary gold currency. Since then, the spanish have besides introduced the centimo and the peseta. Currently, Spain is a extremity of the European Union and uses the Euro as its criterion currentness .
Maravedi Coin, Salamanca reign (1188 - 1230)

Maravedi Coin, Salamanca Reign ( 1188-1230 )

MARAVEDIS

For over 800 years, the maravedi was the standard gold coin of Spain. The weight unit and rate of the maravedi changed dramatically according to the rule at the time. The maravedi survived the switch from a moorish to christian Spain but went out of circulation in 1537. The maravedi besides lost value with the introduction of the flatware real number after the mid-14th hundred. additionally, over time, maravedis became available in argent and copper varieties, specially in spanish colonies. In fact, the copper maravedi is considered to be the first base coin of the New World .
many unlike faces have appeared on the maravedi over clock time. The faces of several kings, including Philip III, Philip IV, Philip V, Ferdinand VI, Ferdinand VII, Charles III, Charles IV, and Joseph Bonaparte were etched into the maravedi. One queen, Isabel II, made it onto the maravedi from 1843 until 1868, when she was dethroned .
Maravedis besides were given a variety show of nicknames. These names included “ Alfonsines, ” “ Viejas, ” “ Nuevas, ” “ Buenas, ” “ Blancas, ” and “ Usuales. ” These names often refer to a specific time time period ; for exemplar, the “ Viejas ” were coins produced during the predominate of Ferdinand IV .
Mexico Mint Pillars 8 Reales, dated 1734.
Mexico Mint Pillars 8 Reales, Dated 1734

REALES

Mexico Mint Pillars 8 Reales, Dated 1734 In the mid-1300s, King Pedro I of Castile introduced the actual, a silver coin meaning “ royal. ” The real was in the first place equal to 3 maravedis and then came to be the equivalent of 34 maravedis by 1497. In 1642, two different reales began being made : the substantial de plata, made of ash grey, and the real number de vellon, which was made of bullion. Reales remained in circulation until the insertion of the portuguese escudo in 1864. When the peseta replaced the portuguese escudo in 1868, the real then equaled a quarter of a peseta. The value and weight of reales changed over time, according to who ruled Spain at the clock time .
During the age of exploration, many coins were produced in spanish colonies throughout Mexico, the Caribbean, and South America. It was not uncommon for boastfully amounts of silver and amber to be lost in shipwrecks. spanish coins were besides used in the United States as acceptable currency. Millions of dollars worth of spanish coins have been found in the oceans and throughout the continental U.S .
8 Reales Cob coin, Potosi mint, 1618-1621 Assayer T
8 Reales Cob Coin, Potosi Mint, 1618-1621 Assayer T

COB REALES

During the early on production of reales, the Spaniards produced them in guerrilla shapes known as macuquinas or “ cob. ” many believe “ black-backed gull ” is a shorter translation of “ cabo de barra ” which means “ end of the browning automatic rifle. ” Cobs were sliced from ash grey bars mined straight from the earth. Although cob were measured into standard weights, their crude construction made sure no two coins were ever alike. Reales were produced in the cob-style from the early sixteenth hundred until the mid eighteenth century, when engineering improved. Cobs came in denominations of one, two, four and eight reales and, late, a half real .
The Fifth and final Type of Spanish Real, The Milled Bust coin.
The fifth and final type of spanish Real, the Milled Bust Coin

MILLED REALES

Around 1730, cobs slowly began to be phased out and replaced with mill reales. The mechanical press made mint fabricate much easier and more standardized. There were two styles of milled coins : the column dollar which depicted two pillars outside of two globes, and the portrait dollar. column dollars stopped being made in 1772 and were made in argent alone. Portrait dollars display the break of the current baron. Milled reales were available in denominations of 8, 4, 2, 1, and one-half reales in silver, equally well as gold cape verde escudo and copper maravedis. Milled reales were minted in both the New World and the spanish mainland. column dollars remained official currency in the United States until 1857 .
4 Escudo Gold coin.
4 Escudo Gold Coin

ESCUDOS

Escudos are divided into gold and silver categories, both worth different amounts. The original amber cape verde escudo was introduced in 1566 and was worth 16 reales. aureate coins were minted in one-half, 1, 2, 4, and 8 portuguese escudo. between 1864 and 1869, the silver portuguese escudo became the official currency of Spain. The equivalent of 10 reales, the silver medal portuguese escudo replaced the actual until pesetas became the official currency in 1869. copper coins were issued in denominations of one-half, 1, 2.5, and 5 céntimos de escudo and ash grey 10, 20, and 40 céntimos de escudo Escudos were besides minted in the cob-style deoxyadenosine monophosphate well as the broke and pillar styles of milled coins. They featured the king of the stream day on the front and typically the Royal Coat of Arms on the back .
Most escudos were minted in either Madrid or Seville. A coin from Madrid will be marked with an M while one from Seville will have an S. Oftentimes ; the mint-master besides put his initials on the side of the coin .
A Later Gold Doubloon with bust on the front.
A later Gold Doubloon with female chest on front

DOUBLOONS

special 2-piece escudos were known as doubloons, meaning “ double ” in spanish. popular in pirate lore, doubloons were manufactured in Spain, Mexico, Peru, and Nueva Granada. spanish conquerors carried doubloons with them throughout their blase travels and are normally found in shipwrecks. Doubloons featured the busts of Ferdinand or Isabel on one side and a cross or coat of arms known as the Hapsburg Shield on the other .
One doubloon was equal to 32 reales or two english ducats. In Spain, doubloons were current up to the center of the nineteenth century and were last minted in 1849. Doubloons were in the first place made in the cob-style, later to be minted in the mill-style .
18th Century 25 peseta piece.
eighteenth Century 25 Peseta Piece

PESETA

In 1869, the cape verde escudo was replaced by the peseta when Spain joined the Latin Monetary Union. It was worth 0.4 portuguese escudo or 4 reales. When the coins were first produced, they came in denominations of 1, 2, 5, 10, and 50 céntimos ; and 1, 2, and 5 pesetas. The peseta, meaning “ patch ” or “ fraction, ” remained the national currency of Spain until 2002. The peseta was divided into 100 céntimos, which besides equals 4 reales. Pesetas were silver medal coins, equaling 4.5 grams of silver. light periods in the early twentieth century saw the production of aureate and bronze pesetas. When Spain switched to the Euro in 2002, one Euro equaled about 166 pesetas .

COLONIAL COINS

During the Age of Exploration, much of Spain ’ s wealth was lost in shipwrecks. Maravedis, reales, escudos, doubloons, and pesetas were produced in spanish colonies throughout Mexico, the Caribbean, and South America. Most mints were stationed in Mexico City, Lima, and Potosi. many colonial coins have been recovered from shipwrecks, excavations, and even on american soil, where spanish coinage was once valid currency.

many colonial coins are marked with a letter indicated the placement of its mint. Buyers can find coins marked with “ L ” for Lima, “ P ” for Potosi, and more. Oftentimes the assayer would mark his initials on the side of the coins. This helps buyers and sellers identify the long time and original placement of the coin. As gold coins were chiefly used by the affluent, these coins are broadly in the best stipulate. Silver colonial coins much have seen a lot of clothing and tear. These coins are all a score of one of the biggest expansions of man ever. They represent more than just Spain and history, they represent venture, broader horizons, and modern beginnings. That ‘s why we wear them around our necks. To motivate venture and to inspire courage .
You can find our coins in our Islamorada and Tavernier stores, or on-line !

source : https://leowiki.com
Category : Economy

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