Big Early Mexican Gold: The 18th and 19th Century Gold 8 Escudo!
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- Опубликовано: 21 окт 2024
- The US silver dollar was based largely on the silver Spanish 8 reale. But Spain and later the Mexican Republic also had a big solid gold coin before the United States released the much-loved $20 "double eagle". That coin was called the 8 Escudo. In this overview, we'll look at some examples of these historic and some might say undervalued 8 Escudos. We'll compare and contrast them with the US $20 gold piece of the same era. And I'll offer a few suggestions if you decide to pursue these exciting, historic, and scarce gold coins.
If you like big Mexican gold, and you haven't checked out the Stacking Mexican Silver video series, you'll find it here:
• Stacking MEXICAN Silver !
Thank you for the education.
Kids are running me ragged prof Dub-C please excuse my absence from the live launch - another absolute gem, possibly ms69 - thanks for all the great content
Great video love how you explain everything you have so much info in your content.
Let's see the BIG Gold!
Love the designs and the base 8 system. May the algorithm boost your channel
This gentleman is awesome..An Absolute Professor on coins..
Beautiful Gold, nice finds White
Hi WC thank you for another great video. I had been working on collecting the one peso 1870 - 1905. I have been on the hunt for a Maximilian 20 peso piece but I like how much more gritty and unique each one of these pieces I am definitely gonna add this to the list.
Those 1 pesos are tricky! Good luck in your search.
A mesmerizing class here. Thanks.
Thanks! And thanks for watching!
Great videos and commentary making older precious metal coinage systems acceessible the modern person now expose to only fiat currency.
From Australia we also saw Spanish coins in colonial currency circulation, although our gold sovereigns, silver shillings and crowns followed the English weight and fineness
system.
The 8 escudos (8 shields) equated to 16 Spanish silver dollars, each dollar was 8 reales (8 royals), therefore 8 escudos was 16x8 reales = 124 Reales.
Gold denominations were half, 1, 2, 4 and 8 escudos.
Forgive my correction to your otherwise excellent presentation by noting the US gold dollar was in fact equivalent to the half escudo not the one escudo as you stated.
Both the gold and silver coins were nominally 900/1000 fine and both the 8 reales and 8 escudos were nominally 27 grammes in weight. The very broad 8 escudos was thinner than the 8 reales due to the higher density of gold relative to silver.
Although the Spanish colonial coinage circulated for some 500 years, by about 1800 the fineness debased to 875/1000 fine, which carried into the MexicanGold coinage.
The US $20 was a higher denomination than the 8 escudos which was $16.
Love this, big fan of coins of the old spanish colonies and the nations that came from them
Me too! If you haven't seen the series on stacking Mexican silver (including the Spanish colonial pieces), check it out here:
ruclips.net/p/PLebJigXP2OH9v99jYhBvX5-9M5KvxAKrt
The Phrygean Cap seems to be worn in the US in 1776 and in France as well during it's Revolution during the 1790's as the cap is typically red - I would imagine that symbolism to be "self evident.." ;) . Great channel - I agree that Mexican/South American gold/silver numismatic items are sleepers - however the mintages certainly get competitive for Crown-Sized Coins in particular from South America. An American expert numismatist(Big Nub) has pointed out that American Gold (Eagle-Sized) items also have sub 10K mintages for a bunch of different dates as well.
Yep. I draw the parallels between the US and the Mexican use of the Phrygean Cap in Stacking Mexican Silver Volume 2 at about the 10:0-0 mark. Check it out if you haven't!
ruclips.net/video/0gvHP8I5vsA/видео.html
I picked up two $10 indians Ms 62, ngc $2400 for the pair
I think that's great. Love the Indians!
I'm still stacking, but I'm also getting into the American silver trade dollars.
Love trade dollars. The 1883 in particular!
It's a good place for me to start... historical coins and paper currency in 🇺🇸, then branch out to other countries and periods.
@@Dub-C_CoinsI too love trade dollars and have been collecting (both ‘original’ and modern versions) a few years now. Decent, graded examples are alas, very difficult to find here in Europe. Any chance of a video on them please? 🙏 👍
@@UKDark_Mark Great idea!
🇺🇲🇵🇷🇲🇽😎 As the to the color other 8 compared to the U. S coins, you have to remember. There are more base metal,tin,zink,nickel, in the Mexicans. Because they are 75%,pure compare to 95% pure🤔 in the U. S
Fantastic video as always. Tiny little constructive feedback: type the word "escudo", or any other foreign word that you repeat dozens of times, on Google (or Google translator) and click to hear the pronunciation. Hearing eskidos is killing the video vibe :)
True. Eskoodo.
This episode is going to bring the big FOMO. Working on getting our first 8 escudos.
You got this. Just take your time. I've never been disappointed or have regretted buying quality.
FACTS! The FOMO is Reale!
@@homesteadaquarius 😅