1592 | Seville, Spain | 2 Escudo | NGC MS-61

This rare and historically significant 1592 Spanish Gold Coin, 2 Escudo, comes from the Seville Mint and is certified in Mint State 61 condition by NGC. Minted during the reign of King Philip II of Spain, this coin exemplifies Spain’s political and economic might during the late 16th century, a time when the empire stretched across the globe. Cob coinage was used to finance Spain’s conquests and vast imperial holdings, making this 2 Escudo an extraordinary remnant of a bygone era.

Futhermore, this coin is the outright finest known example of five ever certified!  

Obverse Design:

The obverse features a well-preserved Spanish coat of arms, a testament to the strength and influence of the Spanish Empire. Despite its hand-struck nature, which often produced irregularities, the details of the shield and surrounding elements remain impressively clear. The cob’s rugged and slightly irregular shape adds to its historical allure, evoking the craftsmanship of the period. For a coin over 400 years old, the clarity and sharpness of the design make it a standout piece coveted by collectors.

Reverse Design:

On the reverse, a sharply defined Christian cross stands prominently, symbolizing Spain’s deep-rooted ties to the Catholic Church and its role as a defender of the faith. The cross’s deep lines contrast against the rough edges typical of cob coinage, making it one of the more striking features of the piece. Despite the crude production process of the time, the design's craftsmanship highlights its importance both artistically and historically. The cross is a powerful reminder of Spain’s religious and imperial ambitions.

Certification and Condition:

This 1592 Seville 2 Escudo, Graded Mint State 61 by NGC, is a remarkable find. Cob coins were notorious for being crudely produced, and finding one in Mint State condition is exceedingly rare. The sharp details of this coin, paired with its minimal wear, elevate it to a premium status among collectors of Spanish gold. The MS-61 grade reflects the coin’s exceptional preservation, ensuring it remains a prized addition to any numismatic collection.

Historical Significance:

Struck during one of Spain’s most influential periods, this 1592 2 Escudo is a tangible link to the empire’s Golden Age. These coins were widely circulated throughout Spain’s far-reaching empire and used in trade from Europe to the Americas. The Seville Mint was a key player in producing coins for the empire, and this 2 Escudo connects directly to that period of expansion, conquest, and economic dominance. Its ties to King Philip II further add to its historical importance, as he was the monarch leading Spain's rise as a global superpower.

This 1592 Spanish Gold Cob 2 Escudo can be purchased at Austin Rare Coins & Bullion. Don’t miss out on owning this exceptional piece of history. Contact us today for more information!

The coin pictured is the exact one you will receive.