Carolus (coin)
Encyclopedia
The carolus was a gold coin
Coin
A coin is a piece of hard material that is standardized in weight, is produced in large quantities in order to facilitate trade, and primarily can be used as a legal tender token for commerce in the designated country, region, or territory....

 struck in the reign of Charles I of England
Charles I of England
Charles I was King of England, King of Scotland, and King of Ireland from 27 March 1625 until his execution in 1649. Charles engaged in a struggle for power with the Parliament of England, attempting to obtain royal revenue whilst Parliament sought to curb his Royal prerogative which Charles...

. It was originally valued at 20 shilling
Shilling
The shilling is a unit of currency used in some current and former British Commonwealth countries. The word shilling comes from scilling, an accounting term that dates back to Anglo-Saxon times where it was deemed to be the value of a cow in Kent or a sheep elsewhere. The word is thought to derive...

s, but later 23. The name has also been used for other currencies bearing Carolus (Charles) as the name of the ruler, such as the Carolus dollar, a Spanish-American peso
Peso
The word peso was the name of a coin that originated in Spain and became of immense importance internationally...

 or piece of eight
Spanish dollar
The Spanish dollar is a silver coin, of approximately 38 mm diameter, worth eight reales, that was minted in the Spanish Empire after a Spanish currency reform in 1497. Its purpose was to correspond to the German thaler...

 issued by Charles III
Charles III of Spain
Charles III was the King of Spain and the Spanish Indies from 1759 to 1788. He was the eldest son of Philip V of Spain and his second wife, the Princess Elisabeth Farnese...

 (1759-88) and Charles IV
Charles IV of Spain
Charles IV was King of Spain from 14 December 1788 until his abdication on 19 March 1808.-Early life:...

(1788-1808) of Spain.
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