1792 Charles IV Spanish 8 Escudos

A gold 8 Escudos coin of King Charles IV of Spain, dated 1792. This coin is likely Spanish treasure, probably from the ships of the King of Spain, and struck in the colonies of South America and Mexico. Spain had colonised much of the New World, and minted coinage in gold and silver in her many colonies. These gold coins were called escudos, silver coins were called Reales. Nicknames were given to these coins; Escudos were known as 'doubloons' and 8 Reales coins were called 'pieces of eight'.

Obverse
Armored Bust of Charles IV.

Reverse
Crowned Coats of Arms.