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100 Euros 8 Escudos of Felipe IV

Issuer Royal Mint of Spain (Real Casa de la Moneda)
Year 2019
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Currency Euro (2002-date)
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Obverse script Latin
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Reverse description Central raised circle containing a faithful reproduction of the reverse design of the historic 8 Escudos gold coin of Felipe IV struck at the Madrid mint in 1632 (KM#95), depicting the quartered arms of Castile and León surmounted by a cross potent, enclosed within a beaded inner border. The outer annular field, separated by a beaded ring, bears the Latin legend HISPANIARVM REX and the date 1632, replicating the original peripheral inscription of the prototype coin.
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Additional information

This piece belongs to Spain's long-running "Joyas Numismáticas" program, which reproduces historic coinage types in modern precious metal strikes. The 8 escudos prototype it references — the so-called "doubloon" — was the dominant trade coin of the Spanish empire through much of the 17th century, moving silver and gold from American mines through Seville and into the arteries of global commerce. Felipe IV's reign saw the escudo system under sustained pressure as repeated debasements of the vellon copper coinage destabilized Castilian monetary policy throughout the 1630s and 1640s.

The original 8 escudos were struck at mints including Segovia, Seville, and colonial houses in Mexico and Potosí.

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