State independence is inextricably linked with the development of monetary relations. The management of mints in Europe in the 18th century had advantages, therefore it was sold and inherited.
In 1721, Spain launches two denominations of an old gold coin: 4 and 8 escudos, 917 samples. The obverse of the coin, in denominations of 8 and weighing 27.07 g, is decorated with a country coat of arms, with a crown. The reverse side is made by a Castilian cross with four arcs. The image of another coin is not authentically confirmed.
Name: Escudo, translated from Spanish, means - shield and emblem. Associated with them is the tradition of escrowing these symbols. Coin processing has always been given great importance. Heraldic symbols that are applied to the surface of an escudo coin have a certain meaning.
Shield - symbolizes patronage, protection. This intercession personifies faith, which helps in the fight against evil. The crown is a symbol of spiritual and earthly power. The rays of the Maltese cross mean four Christian virtues: spirituality, justice, asceticism, prudence.
Monetary business as well as currency notes are not reinvented by each ruler. There is a continuity in the development of relations that have developed before. The escudo, which first appeared in Barcelona, ​​is tied to a measure of the weight of the mark: 230 g. Under Philip II, the gold coin, the escudo, becomes the main coin of the state.
The monetary system of Spain is based at this time on the octal numbering system. A more convenient and widespread in the world decimal system is introduced only in the middle of the XIX century, and is based on one hundredth of the real.
Metal money interests researchers and helps to solve mysteries of history. The interest in coins is not reduced, because coins last for many centuries even in adverse conditions. Examples of this are treasures found in the ground, or raised from the ocean floor. After a little preparation numismatists, collectors see these copies at auctions and exhibitions.

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