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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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Shape Round
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Obverse description Central raised circle containing a faithful reproduction of the obverse design of the historic 8 Escudos gold coin of Felipe IV, struck at the Madrid mint in 1632 (KM#95), featuring the royal monogram and crowned shield with the arms of Castile and León within a quatrefoil border. The Latin legend identifying the king runs within the central circle. Outside the inner circle, a beaded border frames the outer annular field, which carries the issuer name ESPAÑA, the Madrid mint mark M, the face value 100 EURO, and the year of issue 2019 distributed around the periphery.
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Obverse lettering ESPAÑA 2019 M PHILIPVS * IIII * D * G R VIII 100 EURO
(Translation: Spain 2019 M Felipe IV By the Grace of God R VIII 100 Euro)
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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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