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1 Escudo - Carlos II milled

Issuer Spain
Year 1699
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Value 1 Escudo (16)
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Obverse script Latin
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Mintage 1699 SM - KM#231.1 -
1699 SM - KM#231.2 -
Additional information

Carlos II, the last Habsburg king of Spain, died in November 1700 after a reign marked by severe administrative dysfunction and near-constant monetary manipulation. The milled coinage introduced in the latter decades of his reign was itself a reform measure — an attempt to combat the endemic clipping and counterfeiting that had plagued the cob (macuquina) issues for over a century. A 1699 date places this piece among the final emissions of a dying dynasty, struck just months before the king's death triggered the War of the Spanish Succession.

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