© Heritage Auctions
© Heritage Auctions
1 Escudo - Ferdinand VI
| Gold (.917) | 3.3834 g |
| Issuer | Colombia |
|---|---|
| King | Ferdinand VI (1746-1759) |
| Type | Standard circulation coin |
| Years | 1746-1756 |
| Value | 1 Escudo (16) |
| Currency | Real (1616-1820) |
| Composition | Gold (.917) |
| Weight | 3.3834 g |
| Shape | Round (irregular) |
| Demonetized | Yes |
| Updated | 2024-10-04 |
| Numista | N#88428 |
|---|---|
| Rarity index | 94% |
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Comment
A rare and unusual regulated Escudo cob, regulated to the post-Revolutionary standard for an Escudo with astounding exactitude. This denomination is one of the rarest among the world of regulated gold. Escudos were fairly scarce in commerce, and their small size meant they tended to circulate locally. A lifetime could be spent trying to locate another regulated example of this denomination.Interesting fact
One interesting fact about the 1 Escudo - Ferdinand VI 1746-1756 coin from Colombia is that it was minted during a time of great economic and political change in the country. The coin was issued during the reign of King Ferdinand VI, who ruled Spain and its colonies from 1746 until his death in 1756. During this time, Colombia was still a Spanish colony, and the coin was used as a form of currency for the local population. The coin's mintage was likely a response to the growing economy of the region, which was fueled by the exploitation of natural resources such as gold, silver, and other precious metals. The coin's gold content, which is 91.7% pure, makes it a valuable collector's item today, and a testament to the rich history of Colombia's economic development.
