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  • 1801 Gold Spain 2 Escudo Madrid Carlos IV 25063
  • 1801 Gold Spain 2 Escudo Madrid Carlos IV 25062
  • 1801 Gold Spain 2 Escudo Madrid Carlos IV 25063
  • 1801 Gold Spain 2 Escudo Madrid Carlos IV 25062
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1801 Gold Spain 2 Escudo Madrid Carlos IV

This 1801 gold 2 escudo coin of King Carlos IV (Charles IV) has a Madrid mint mark and bears the initials FA. It also has a small golden fleece hanging from the chain on the reverse which we found quite interesting! 


(Special Scheme Inc. VAT)
Totals are approximate until metal prices are confirmed on the next LBMA fix.

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Terms & Delivery

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Carlos IV (Charles the IV) facing right. Legend:- 



A crowned shield, surrounded by what appears to be an ornate gold chain with a fleece suspended from it, with "2" and "S" on either side of the shield but inside the chain; and the legend:-
(Crowned) M A.I. The Mint Officials initials FA stand for Francisco Herrera and Antonio Goicoechea and are seen at the lower right. On the lower left is an M for Madrid. 

Spanish Inquisition
When we created this page, we asked why the Spanish Mint chose to engrave the coins 2S rather than 2E?
We are grateful to Snr. Jesus V Toled (we owe him a pint!) who provided us with the following answer:

In Spanish it's ESCUDO. In plural ESCUDOS.
Coin inscriptions were written in Latin (not to be confused with italian). The letter E was not used, because in Latin it's written SCUDO. Latin was used (and sometimes still is) in religious ceremonies, documents, buildings, etc.


Diameter 22mm
Weight 6.7700g
Fineness 0.8750
Actual Gold Weight 0.1904 oz
Mint Madrid

KM# 435.1

Terms & Delivery

Terms of Sale - Key Points

You can find more information on payment and identification requirements.

Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.

Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.

All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out. 

If your product is not a graded coin and is considered a bullion item it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes, therefore some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.

Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.

View our full Terms & Conditions.

Delivery Information

We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows

Orders over £60 - Fully Insured Delivery.

  • Within the UK and BFPO - Next day fully insured and tracked. Delivery starts from £6. 
  • International - Royal Mail International Signed / Royal Mail International Tracked / Royal Mail International Tracked and Signed For. Items sent via this method will normally arrive between 3-7 working days. Delivery starts from £15.

Orders under £60

  • Within the UK and BFPO - Royal Mail 2nd Class. Your order will normally arrive within 2-3 working days. Delivery starts from £3.50.
  • International - Royal Mail International Standard. Your order will normally arrive between 3-7 working days. Delivery starts from £6.

If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +441253343081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.

For international delivery, please check with your local customs office for more information on custom duty and taxes.

Full delivery information can be found by clicking here

Postal Insurance

We offer fully insured delivery on all special delivery options. We do need to pass on the cost of this insurance as it soon adds up shipping high value gold and silver products. 

  • Orders < £1500 there is no additional fee
  • Orders > £1500 we charge a fee in order to cover the increasing costs of insurance. For every £1500 we apply a £1 fee. 

If you require any assistance please do not hesitate to call the showroom on +441253343081 and one of our team can discuss your purchase.