1 Escudo Spain Gold Charles III of Spain (1716 -1788)

Issue year(s):

Catalog reference:

1787, Spain, Charles III. Beautiful Spanish Gold Escudo Coin

Mint Year: 1787
Denomination: 1 Escudo
Mint Place: Madrid (crowned M)
Reference: Friedberg 288, KM-416
Assayers: Domingo Antonio Lopez and Vicente Campos Gonzalez (D.V)
Diameter: 18mm
Weight: 3.33gm
Material: Gold!

Obverse: Draped profile bust of Charles II right.
Legend: CAROLUS . III . D.G . HISP . ET IND . R . / * 1787 *
Translation: "Charles III by the Grace of God, King of the Spains and Indies 1787"

Reverse: Shield under crown within Golden Fleece Order collar. Value (1-S) in fields.
Legend: AUSPICE DEO IN UTROQ FELIX S (mint letter) D.V (assayer initials)
Translateion: "Under God’s Auspices Happy in Both (Worlds)"

For your consideration a beautiful Spanish gold escudos coin, struck at the Seville Mint during 1787 under Charles III of Spain.

Charles III (January 20, 1716 – December 14, 1788) was King of Spain 1700–88 (as Carlos III), King of Naples and Sicily 1735–59 (as Carlo VII and Carlo V), and Duke of Parma 1732–35 (as Carlo I). He was a proponent of enlightened absolutism.

Charles was the first son of the second marriage of Philip V with Elizabeth Farnese of Parma.

At the age of sixteen he was sent to rule as Duke of Parma by right of his mother. On December 1, 1734 following Montemar’s victory over the Austrians at Bitonto, he made himself master of Naples and Sicily by arms. Charles had, however, no military tastes, seldom wore uniforms, and could only with difficulty, be persuaded to witness a review. The peremptory action of the British admiral commanding in the Mediterranean at the approach of the War of the Austrian Succession, who forced him to promise to observe neutrality under a threat to bombard Naples, made a deep impression on his mind. It gave him a feeling of hostility towards the Kingdom of Great Britain which, in after-times, influenced his policy. In 1735, he resigned Parma to Emperor Charles VI in exchange for recognition as King of Naples and Sicily. As King of Naples and Sicily, Charles began there the work of internal reform which he afterwards continued in Spain. Foreign ministers who dealt with him agreed that he had no great natural ability, but he was honestly desirous to do his duty as king, and he showed good judgment in his choice of ministers. The chief minister in Naples, Tanucci, had a considerable influence over him. It was during his rule that the Roman cities of Herculaneum (1738), Stabiae and Pompeii (1748) were re-discovered. The king encouraged the excavations and was informed about the findings even after moving to Spain.

On August 10, 1759, his half-brother Ferdinand VI of Spain died, and Charles III left the Neapolitan/Sicilian dominions to go to Madrid. His second son would eventually rule in Spain as Charles IV. His third son would unify the Kingdom of Naples and Kingdom of Sicily to form the Kingdom of the Two Sicilies and ruled as Ferdinand.

As king of Spain, his foreign policy was marked by the alliance with France (the Family Compacts) and the conflict with Britain over the control of the American possessions. His support for France in the close of the Seven Years' War led to the loss of Florida to the British, although this was partly compensated by the acquisition of the French Louisiana. The rivalry with Britain also led him to support the American revolutionaries in their War of Independence despite his misgivings about the example it would set for the Spanish Colonies. During the war, Spain recovered Minorca and Florida, but failed to capture Gibraltar.

His internal government was, on the whole, beneficial to the country. He began by compelling the people of Madrid to give up emptying their slops out of the windows, and when they objected he said they were like children who cried when their faces were washed. In 1766, his attempt to force the madrileños to adopt the French dress for public security reasons was the excuse for a riot (Motín de Esquilache) during which he did not display much personal courage. For a long time after, he remained at Aranjuez, leaving the government in the hands of his minister Pedro Pablo Abarca de Bolea, Count of Aranda. Not all his reforms were of this formal kind.

Charles was a thorough despot of the benevolent order, and had been deeply offended by the real or suspected share of the Jesuits in the riot of 1766. He therefore consented to the expulsion of the order, and was then the main advocate for its suppression. His quarrel with the Jesuits, and the recollection of some disputes with the Pope he had had when King of Naples turned him towards a general policy of restriction of what he saw as the overgrown power of the Church. The number of reputedly idle clergy, and more particularly of the monastic orders, was reduced, and the Spanish Inquisition, though not abolished, was rendered torpid.

In the meantime, much antiquated legislation which tended to restrict trade and industry was abolished; roads, canals and drainage works were established. Many of his paternal ventures led to little more than waste of money, or the creation of hotbeds of jobbery; yet on the whole the country prospered. The result was largely due to the king, who even when he was ill-advised did at least work steadily at his task of government. He created the Spanish Lottery and introduced Christmas cribs following Neapolitan models. During his reign, the movement to found “Economic Societies” (a rough prototype Chamber of Commerce) was born.

His example was not without effect on some of the nobles. In his domestic life King Charles was regular, and was a considerate master, though he had a somewhat caustic tongue and took a rather cynical view of humanity. He was passionately fond of hunting. During his later years he had some trouble with his eldest son and daughter-in-law. If Charles had lived to see the beginning of the French Revolution he would probably have been frightened into reaction. As he died on the 14th of December 1788 he left the reputation of a philanthropic and philosophic king, still nicknamed “el rey alcalde” (“the king mayor”) because of the public works in Madrid. In spite of his hostility to the Jesuits, his dislike of friars in general, and his jealousy of the Spanish Inquisition, he was a very sincere Roman Catholic. Charles was responsible for granting the title “Royal University” to the University of Santo Tomas in Manila which is the oldest in Asia.

type to read more


11  coins in the group

(1537 X 763pixels, file size: ~292K)
Posted by: anonymous  2021-06-02
1785/75, Spain, Charles III. Beautiful Gold 1 Escudo Coin. (3.37gm!) Overdate! Denomination: 1 Escudo Mint Place: Madrid (crowned M) Reference: Friedberg 288, KM-416.1 (there no overdate listed!). R! Assayer: DV (re-engraved over PJ, indicating the using of the old die for this issue!) M ...

(900 X 454pixels, file size: ~118K)
Posted by: anonymous  2015-11-17
Spanien, Carlos III. Escudo 1780 PJ, Madrid. K.M. 416.1, Friedberg 288, Calicó/Trigo 622. GOLD. Vorzüglich

(1445 X 723pixels, file size: ~114K)
Posted by: anonymous  2015-05-01
1787,SPAIN. Escudo, 1787-DV. Madrid Mint. Charles III (1759-88). ANACS Fine Details-12--Mount Removed, Altered Surfaces.Fr-288; KM-416.1a.

(1605 X 800pixels, file size: ~264K)
Posted by: anonymous  2015-02-26
Spain. Escudo, 1779-PJ (Madrid). Fr-288; KM-416.1. Charles III. Fully struck with much luster. NGC graded MS-61. Estimated Value $600 - 700. Categories: World Gold Coins

(830 X 406pixels, file size: ~107K)
Posted by: anonymous  2015-09-01
SPANIEN Königreich Carlos III. 1759-1788. 1 Escudo 1787, Madrid. Mmz. DV. 3.36 g. C.T. 518. Fr. 288. Av. kl. Schrötlingsr. Sehr schön.

(821 X 410pixels, file size: ~108K)
Posted by: anonymous  2015-09-01
SPANIEN Königreich Carlos III. 1759-1788. 1 Escudo 1787, Madrid. Mmz. DV. 3.28 g. C.T. 518. Fr. 288. Sehr schön.
PORTUGAL 1 Escudo 1926 - Aluminum/Bronze - A7
Sold for: $48.0
PORTUGAL 1 Escudo 1926 - Aluminum/Bronze - A7
PORTUGAL 5 Escudos 1933 - Silver 0.650 - A9
Sold for: $4.0
PORTUGAL 5 Escudos 1933 - Silver 0.650 - A9
PORTUGAL 5 Escudos 1937 - Silver 0.650 - A11
Sold for: $2.0
PORTUGAL 5 Escudos 1937 - Silver 0.650 - A11
You may be interested in following coins
2 Real Spanish Mexico  / Kingdom of New Spain (1519 - 1821) Silver Ferdinand VII of Spain (1784-1833)
2 Real Spanish Mexico / Kingdom of New ...
group has   4 coins / 4 prices
1 Escudo Spanish Empire (1700 - 1808) Gold Charles IV of Spain (1748-1819)
1 Escudo Spanish Empire (1700 - 1808) Go ...
group has   17 coins / 16 prices
5 Peseta Spain Silver Alfonso XII of Spain (1857 -1885)
5 Peseta Spain Silver Alfonso XII of Spa ...
group has   5 coins / 5 prices
2024-07-07 - New coin is added to 8 Real Spanish Empire (1700 - 1808) Silver Charles II of Spa ...

    8 Real Spanish Empire (1700 - 1808) Silver Charles II of Spa ...
group has    10 coins / 9 prices

Bolivia. "Royal" 8 Reales, 1727 P-Y (Potosi). WR-10; KM-R35. 26.87 grams. Louis I, 1724. Crowned Cross of Jerusalem, quartering arms of Castille and Leon, all in quadrilobe. Reverse: Crowned pil ...
2024-07-19 - New coins
New coins from sloveniacoins .
One of them is
FRANCE 10 Francs 1932 - Silver .680 - VF+ - 4538
You may be interested in ...
The rulers of the empires
Roman Empire (27BC-395)
Dynasty tree and coins
House of Tudor
Check yourself!
Coin Puzzle
Coin Puzzle
Coins Prices
Coins Prices