$4,400
Denomination: 4 Escudos.
Date: 1791
Reign: King Carolus IIII
Mint: Madrid, Spain
Assayer: M.F.
Weight: 13.54g
Grade: NGC certified (6329610-005) XF Details.
Mount: 18K gold with .10ct diamond accents on the bale.
Description: 2 Escudos private collection cob. Obverse: Bust facing – Inscription (Latin) CAROL·IIII·D·G· HISP·ET IND·R·. Translation "Carlos the IIII - By the grace of God - King of the Indies and beyond". Reverse: Crowned arms in order chain. Inscription (Latin) “N·UTROQ·FELIX· ·AUSPICE·DEO” Translation – “Under the Auspices of God there is Happiness on Both Sides”
History: Charles IV (Carlos Antonio Pascual Francisco Javier Juan Nepomuceno José Januario Serafín Diego) 1was born on November 1st, 1748 and died on January 20th, 1819. He was King of Spain and ruler of the Spanish Empire from 1788 to 1808.
The Spain inherited by Charles IV gave few indications of instability, but during his reign, Spain entered a series of disadvantageous alliances and his regime constantly sought cash to deal with the exigencies of war. He detested his son and heir Ferdinand, who led the unsuccessful El Escorial Conspiracy and later forced Charles's abdication after the Tumult of Aranjuez in March 1808, along with the ouster of his widely hated first minister Manuel de Godoy. Summoned to Bayonne by Napoleon Bonaparte, who forced Ferdinand VII to abdicate, Charles IV also abdicated, paving the way for Napoleon to place his older brother Joseph Bonaparte on the throne of Spain. The reign of Charles IV turned out to be a major turning point in Spanish history.
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