Everything about Doubloon totally explained
The word
doubloon (from
Spanish doblón, meaning
double), meaning a double-sided token coin, often refers to a seven-gram (0.225
troy ounce)
gold coin minted in
Spain,
Mexico,
Peru, or
Nueva Granada. The term was first used to describe the golden
excelente, either because of its value of two
ducats, or because of the double portrait of
Ferdinand and Isabella. Later, it referred to a coin worth two
escudos (0.1905 troy ounce gold), first minted in
1566, during the reign of
Philip II of Spain.
In Spain, doubloons were current up to the middle of the 19th century. During the reign of
Isabella II of Spain, it was neglected in favour of the
real, and finally supplanted by the
peseta in
1869. The last Spanish doubloons (showing the denomination as 80 reales (de vellon)) were minted in
1849. After their independence, the former Spanish colonies Mexico, Peru and Nueva Granada also minted doubloons.
Doubloons have also been minted in Portuguese colonies, where they went by the name "dobrão", with the same meaning.
In
Europe, the doubloon became the model for several other gold coins, including the
French Louis d'or, the
Italian doppia, the
Swiss duplone, the Northern
German pistole, and the
Prussian Friedrich d'or.
In
New Orleans and
Mobile, Alabama, doubloons usually made of aluminum have been thrown by
Mardi Gras carnival
krewes since at least 1960, when the
Rex Krewe reportedly first used them.
Further Information
Get more info on 'Doubloon'.
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