½ Escudo - Philip V (Madrid mint; 1st type) 1738 front ½ Escudo - Philip V (Madrid mint; 1st type) 1738 back
½ Escudo - Philip V (Madrid mint; 1st type) 1738 photo
© Aureo & Calicó S.L., subastas numismáticas

½ Escudo - Philip V Madrid mint; 1st type

1738 year
Gold (.906) 1.75 g 15 mm
Description
Issuer
Spain
King
Philip V (1700-1724, 1724-1746)
Type
Standard circulation coin
Year
1738
Value
½ Escudo (8)
Currency
Real (1497-1833)
Composition
Gold (.906)
Weight
1.75 g
Diameter
15 mm
Thickness
0.5 mm
Shape
Round
Technique
Milled
Demonetized
Yes
Updated
2024-10-07
References
Numista
N#425603
Rarity index
95%

Reverse

Crowned coat of arms of Spain.

Script: Latin

Lettering:
INIT · SAPIENT · TIM · D ·
M JF

Unabridged legend: Initium Sapientae Timor Domini

Translation: The beginning of wisdom is the fear of God

Comment

Varieties:

Krause Catalog indicates the same Type (KM#361.1) for this year 1738 as for the following years (1742-1746) of the Madrid Mint, but this year is different in design and, above all, in the obverse and reverse lettering.

  

                1738 (Type 1)                               1742-1746 (Type 2)

Interesting fact

The ½ Escudo coin from Spain, minted in 1738 during the reign of Philip V, has an interesting feature. It was made with a unique blend of gold (90.6%) and other metals, which was a common practice during that time period. This coin was also one of the smallest gold coins minted by Spain, weighing only 1.75 grams. Despite its small size, it was still considered a valuable currency and was widely used in trade and commerce.