Truemag

Menu
  • What’s it Worth?
      • US Coin Values WorthU.S. Coin Values
      • 1943-copper-centU.S. Error Coin Values
      • Paper Money Values WorthU.S. Paper Money Values
      • Paper Money Error ValuesU. S. Paper Money Error Values
      • Philippines Coin Values WorthPhilippines Coin Values
    • Close
  • Sell Your Coins
    • Sell Your Coins
    • CoinSite Buyers FAQ
    • Truth in the Coin Shop
    • Should I get my coin collection appraised?
    • Close
  • Gold & Silver
    • U.S. Gold Coins
    • Bullion Gold/Silver
    • Territorial/Fractional Gold
    • Silver
    • U.S. Silver Coins: When They Ended and What They’re Worth
    • Morgan Silver Dollars
    • Close
  • U.S. Coins
    • U.S. Coins & Currency
      • U.S. Cents
      • U.S. Nickels
      • U.S. Dimes, Quarters & Half Dollars
      • U.S. Dollars
      • U.S. Gold Coins
      • Close
    • Exceptional U.S. Coins
    • U.S. Classic Commemoratives & Government Sets
    • History of U.S. Coins
      • The History of U.S. Coins
      • Commemoratives
      • Close
    • United States Paper Money
    • Close
  • World Coins
    • World Coins & Paper Money
    • World Coins – History
    • Selected World Coin Articles
        • North America
          • U.S. Coins & Currency
          • Exceptional U.S. Coins
          • Colonial America
          • Canada
          • Close
        • Europe
          • France
          • Great Britain
          • Spain/ Spanish Colonial/ Latin America
          • Italy/Vatican
          • Germany/Austria
          • Close
        • Australia
        • Asia/Middle East
        • Close
      • Close
    • Close
  • Coin Doc
    • Articles & Opinions
    • Ask the Coin Doc
    • Coin Doc’s Archives
    • Numismatically Speaking
    • General
    • Close
  • Exceptional Coins
    • Exceptional U.S. Coins
    • Close
  • Errors
  • Cleaning Coins
  • Fun Coin Q&A
  • FAQ
    • Frequently Asked Questions
    • Valuing Coins
    • Coin Grading
    • U.S. Gold Coins
    • United States Paper Money
    • Coins in General
    • Resources

What’s the origin of my 1786 gold coin with the head of “CAROL III”?

Phil writes: I have a gold coin from 1786 with the head of ‘CAROL III’ on it. What are its origins and is it valuable?

You’ll have to be more specific. There is more than one denomination in gold under Charles III of Spain. Identification includes the denomination: 1/2, 1, 2, 4 and 8 escudos, the Mint mark representing the place where the coin was made (several mints minted gold coins in both the New World and in Spain) and the assayer’s initials.

Generally gold coins from the period of Charles III are valuable and it is not always the largest coins that have the most value. For example the 1786 Seville 1/2 escudo assayer “C” can be worth as much as $4,000 in high grade circulated condition. vs a 1786 2 escudos from the Lima Mint that brings under $500.


Collectors are looking for high grade pieces and therefore those bring the highest prices. Of course, rarity is important also. Cleaned or polished pieces, unless they are extremely rare, are only suitable for jewelry and may only be worth a small premium over their gold bullion value.

Dec 15, 2013coindoc
Is my thick penny a Mint mistake?Is my 1957 Douglas Dillon $1.00 silver certificate worth $5000?
You Might Also Like
 
1618 Spain 8 Maravedis
 
Juan Carlos of Spain Token
coindoc
7 years ago World Coins & Currency8 Escudos, Spain/ Spanish Colonial/ Latin America0
The Coindoc's MOST POPULAR
  1. U.S. Silver Coins: When They Ended and What They’re Worth
  2. U.S. Coin Values
  3. How much do the cent, nickel & quarter each weigh?
  4. When did Canada stop minting coins in silver?
  5. Is there any history or special meaning behind Lincoln facing right on the cent?
  6. United States $20 Gold Pieces
  7. What’s on the back of an ordinary dime?
  8. U.S. Error Coin Values
  9. Why is the dime smaller than the nickel?
Menu
  • U.S. Coin Values
  • Sell Coins
  • U.S. Coin History
  • Exceptional Coins
  • FAQ
  • About Us
  • Contact
  • Privacy

 

2020 © CoinSite