1516-1556 SPAIN GOLD ESCUDO NGC AU55

$3,190.00 USD

The Gold Escudo minted during Charles I's reign is a symbol of the wealth and power of the Spanish Empire. This period saw the expansion of Spanish territories in the New World, leading to an influx of gold and silver that bolstered the Spanish economy. The coin reflects the economic prosperity and the extensive reach of the Spanish Empire during this era.

The obverse of the coin features the crowned and divided Habsburg arms of Spain, which include symbols of Castile, León, Aragon, Granada, Naples, Sicily, and Jerusalem. The inscription typically includes the names of Charles and his mother, Joanna of Castile.

The reverse depicts a cross potent within a quadrilobe, with ornaments dividing the lobes. This design is surrounded by a beaded circle and an outer encircling legend.