Own a piece of history. Spanish Gold 4 Escudos. Minted in Madrid in 1787, the same year the First Fleet set sail for Botany Bay, New South Wales. King Charles III Fineness: .875 Gold Actual Gold Weight: .380 Troy Oz. Appears to have had a mount on it some time during the past 234 years. Purchased from reputable coin dealer many years ago. Reduced to $1,000.