Introduced in Spain as early as 1535, gold escudos served as the dominant coin in Spain and Portugal, with the two escudo coin coming to be known as a “doubloon.” Minted in denominations of 8, 4, 2, 1, and ½ escudos, these coins are often overlooked and undervalued in the rare coin market. In other words, they represent a unique opportunity to collectors and investors alike.

At Austin Rare Coins, we’ve been serving our industry for over three decades, and in that time, we’ve become a trusted and reliable source of information on coins and bullion. With a perfect BBB rating of A+ and a dedication to providing our clients with service that is simply unmatched, we’re here to guide you with a reputation that’s built on trust.

That’s why we’d like to share a bit of information about gold escudos. Are they right for your collection? Keep reading to find out.

An Overlooked Favorite in Rare Gold Coins

Those who know the ins and outs of gold coinage in the United States may know that anything issued during the 1700’s or early 1800’s is prohibitively expensive to most collectors.

At Austin Rare Coins, we’re always searching for true value and legitimate rarity in the rare coin marketplace, and we would like to introduce to you gold escudos. These large gold coins contain almost as much gold as a U.S. Double Eagle and are truly beautiful and remarkably rare. Best of all, they can be acquired for a fraction of the price of U.S. gold from the same timeframe, representing a value that’s nearly unheard of.

The History of Gold Escudos

Struck by various countries such as Spain, Mexico, and Chile, escudos were legal tender in the United States until 1857, and valued at $16 each. These coins were utilized in Spain’s many colonies, including Mexico, Columbia, and Bolivia, among others. Because they were legal tender, most of them were heavily circulated and eventually melted down. Today, we feel eight escudos are one of the last remaining truly overlooked areas in the rare coin marketplace. Regardless of whether you’ve been collecting for days or decades, these coins are sure to hold a treasured place in your collection.

Truly impressive in their size, these coins contain nearly 4/5th of an ounce of pure gold. Along with their high gold content, they are old — many of the escudos you’ll find here date back to the early 1700’s and into the mid-1800’s. True to their designation as rare coins, most issues have under 100 coins certified in all grades combined by PCGS and NGC, the top graders of world coins.

Order Your Own Gold 8 Escudos Today

At the time of this writing, our team currently has a number of different 8 escudos available for purchase. With coins from Mexico, Columbia, Peru, Chile, and other countries, you have plenty of different options. Each coin we offer has been graded by PCGS or NGC.

As mentioned above, we believe that these coins offer something unique for your collection because of just how overlooked they have been in this market. Each coin represents an incredible value when put up against its similar counterparts, and we believe that you’ll be thrilled to have something so unique and interesting.

Have a Question? We’re Here to Help

Located in Austin, Texas, our team of expert advisors is here to assist you with any questions you may have. We take great pride in client satisfaction and we would love nothing more than to help you build a diverse portfolio of coins and bullion specifically tailored towards your needs. We’re a leader in our industry because we know what great customer service means.

With over three decades of experience and over $1 billion in trusted transactions, you can count on us to take great care of you. For example, if you’re interested in a particular coin, but you don’t see it on our website, don’t hesitate to reach out because we may be able to track it down for you.

No matter what you’re looking for or what your goals are, the team at Austin Rare Coins understands the need for personalized service and that’s exactly what we’d love to provide you with. Contact us today to get started.