Chile Chile 1 escudo, 1761-1762

1. Introduction

The Chile 1 escudo gold coin minted between 1761-1762 holds a significant place in numismatic history as a representation of Chile's colonial past. This coin, struck during the Spanish Colonial era, offers a glimpse into the economic and cultural landscape of that period.

2. Historical Background

Issued under the authority of Chile, this coin was part of the Spanish Colonial coinage system established to facilitate trade within the vast territories of the Spanish Empire. The 1 escudo denomination was crucial in everyday transactions and trade in the colonial economy, reflecting the wealth and power of the Spanish Crown.

3. Design Features

The obverse of the coin features the inscription "CRL III D G HISPAN ET IND REX," denoting the reigning monarch at that time. On the reverse side, the coin displays "J / NOMINA MAGNA SEQUOR," emphasizing the royal authority and connection to Spain.

4. Technical Specifications

This gold coin weighs 3.38 grams, with a diameter of 18.00mm, and is composed of 91.7% gold (0.917 fineness). The intricate design and precise specifications of the coin showcase the craftsmanship of the minting process during the colonial era.

5. Collectible Value

The Chile 1 escudo 1761-1762 gold coin holds value not only for its gold content but also for its historical significance and rarity. Collectors value this coin for its connection to Chile's colonial heritage and the Spanish Empire's influence in South America. The limited mintage and survival rate of these coins contribute to their desirability among numismatists.

6. Conclusion

In conclusion, the Chile 1 escudo 1761-1762 gold coin serves as a tangible link to Chile's colonial past and the broader history of Spanish colonization in the Americas. Its exquisite design, historical significance, and collectible value make it a prized possession for coin collectors and history enthusiasts alike. Owning this coin is not just owning a piece of gold but a piece of history encapsulated in a small, circular form. By delving into the details of the Chile 1 escudo 1761-1762 gold coin, one can appreciate the artistry, history, and cultural heritage embedded in this numismatic treasure from the Spanish Colonial era.

Coin Images

Obverse

Reverse