Monthly Archives: May 2022
- Posted: May 13, 2022Categories: Rare World Coins, Gold EscudosRead more »
Mexico first declared Independence from Spain in 1810. To clarify, this happened on September 16th, 1810. Before then this area was more commonly referred to as New Spain. The declaration of Independence led to a 11 year war against Spain. Unfortunately, it wasn't until August 24, 1821 that Spain finally recognized Mexico's Independence.
This was the dawn of the once New Spain turning into the new Mexican Empire. Gone were the days of the Spanish Catholic monarchy. A new federal republic was finally declare and by 1924 they codified Mexico's new Constitution. It is important to note, there were some reattempts by Spain to re-concur New Spain. However, by 1836 Isabella II and Spain finally fully recognized Mexico's independence.
- Posted: May 02, 2022Categories: Rare World Coins, Medieval CoinsRead more »
Many collectors wonder what an Austrian Ducat is worth. It is important to first understand what an Austrian Ducat coin actually is. The Ducat became a popular world traded coin. It was first introduced in the late 13th Century. However, it was the Venetians who introduced the coin.
Austrian Gold Ducats are large gold coins valued by investors for several reasons. First of all for their 98.60% fineness weighing 3.44 grams. Secondly, these circulated coins were the highest purity gold coins to be issued prior to the late 20th Century. Therefore, during the 1400s international traders in Western Europe changed from using florins to ducats as the preferred currency.
It is important to note, Ducats come it different sizes in different countries in Western Europe. Today