Spain 1/2 Escudo Charles III Gold Coin
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1/2 Escudo Gold Coin Prices
| Bullion Dealer | Price Each | Dealer Premium | Link | |
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APMEX
Dealer Rating: Free Shipping @ $199 |
$510.41 |
$391.80
(330.32% prem) |
||
Melt Value: Spain 1/2 Escudo Charles III Gold Coin
This gold coin contains 0.048 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one Spain 1/2 Escudo Charles III Gold Coin is $118.61 based on today's gold spot price.
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The escudo was a gold coin denomination first introduced in the 16th century for use in Spain and its colonies. The 1/2 escudo gold coin is a historic coin was part of this currency system, representing a smaller denomination within the escudo gold series.
The 1/2 escudo coins circulated widely across Spain's territories, which included vast parts of the Americas, Europe, and even Asia. Notably, they were used in places like colonial Latin America, where Spain established a significant mintage operation.
Spanish 1/2 Escudo Gold Coin Highlights:
- Minted from an alloy that is 90% fine gold.
- agw: .0489 ozt, roughly 1/20 ozt.
- KM#415.1
Today, 1/2 escudo gold coins are highly collectible due to their age, historical significance, and the rich history of the Spanish Empire's economic and colonial activities. Collectors value these coins for their varieties, mint marks, and condition. Coins from specific years or mints, or those in exceptionally good condition, can be particularly valuable.
As gold coins, 1/2 escudos inherently hold value due to their precious metal content. Gold has been a long-standing store of value and a hedge against inflation and economic uncertainty. Beyond their gold content, these coins may carry a numismatic premium due to their rarity, historical importance, and demand among collectors. This can elevate their value significantly above the mere bullion worth.
| Weight | 0.0475 oz |
| Country | Spain |
| Type | Gold Coin |
| Mint | Various |
| Purity | .900 fineness |
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