Doubloon
The doubloon (from Spanish doblón, or "double", i.e. double escudo) was a two-escudo gold coin worth approximately $4 (four Spanish dollars) or 32 reales, and weighing 6.766 grams (0.218 troy ounce) of 22-karat gold (or 0.917 fine; hence 6.2 g fine gold). Doubloons were minted in Spain and the viceroyalties of New Spain, Peru, and New Granada (modern-day Colombia, Ecuador, Panama, and Venezuela). As the Spanish escudo succeeded the heavier gold excelente (or ducado, ducat; 3.1 g vs 3.48 g fine gold) as the standard Spanish gold coin, the doubloon therefore succeeded the doble excelente or double-ducat denomination.
In modern times, the doubloon is remembered due in large part to the influence of historical fiction about piracy.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.