We buy Costa Rica escudos.

Costa Rica struck gold for a century, beginning with a crude provisional coinage at a gold mill in 1825 and ending with the colones of the 1920s. In between came the San José escudos of the Central American Republic and the Indian-woman escudos of the young republic. We buy all of it, raw or certified. We pay prices that rival the auction houses, and you don't wait months for your money.

Send photos of your coins
Gold provisional coin of Costa Rica struck at Los Horcones, 1825, sun over three peaks with the legend Rep del Centro de Amer
1825 Costa Rica provisional, Los Horcones
Gold half escudo of Costa Rica, 1864, assayer JB, Indian woman leaning on a column inscribed 15 de Setiembre de 1821
1864 JB Costa Rica 1/2 Escudo

Los Horcones, 1825

In 1822 Manuel Alvarado built a mill to work the gold of the Montes del Aguacate, the Ingenio de Metales San José de los Horcones, near Río Grande in Alajuela. In February 1825 a provisional mint was set up there under the Spanish mining engineer Mateo Urandurraga, whose initials M.U. appear on the coins. The dies were cut by hand. One side carries the sun over three peaks with an abbreviated REPUBLICA DEL CENTRO DE AMERICA and the date 1825. The other carries a palm tree rather than the tree on the federal coins, with LIBRE CRESCA FEC, the value, CR, MU and 21Q. That palm drew an official complaint that it would hurt the coins' credit, and the public rejected them as crude. Striking stopped the same year, and the coins were later withdrawn and melted.

The half escudo is the denomination known today, about 16 millimeters and 1.8 grams. Only a handful survive. Larger values are recorded in the literature, but no example has been confirmed. If you have an 1825 Costa Rican gold coin with a palm tree, we want to see it.

The Central American Republic at San José

The San José mint was decreed in October 1828 and opened in January 1829. Under the federation it struck the sun-and-volcanoes escudos with the mint mark CR, in 8, 4, 2, 1 and half escudos, with assayer F, Félix Mora, and later E, M and JB. Costa Rica kept using the federal dies into 1850. Those coins have their own page.

From 1849 the government stamped many half and 1 escudos with a small lion in a circle and the legend HABILITADA POR EL GOBIERNO, often on both sides. A lion counterstamp is a collected variety, not damage. Costa Rica also struck a 1 escudo in its own name in 1842, as the Estado de Costa Rica, with assayer MM.

The Indian-woman escudos, 1850 to 1864

A decree of 1848 gave the republic its own gold, from dies cut by Wyon in England. One side carries the arms with REPUBLICA DE COSTA RICA and the date. The other carries a standing Indian woman with bow and quiver, leaning on a column inscribed 15 DE SETe DE 1821, with AMERICA CENTRAL, 21 Qs, the assayer and the value. The assayers are JB, Juan Barth, and from 1854 GW, Guillermo Witting.

  • Half escudo: 1850, 1851, 1853, 1854, 1855 and 1864. The 1864 is the last year of the type.
  • 1 escudo: 1850, 1851, 1853 and 1855.
  • 2 escudos: 1850, 1853, 1854, 1855, 1858, 1862 and 1863.
  • 4 escudos: 1850 only. Dies for an 8 escudos were made, but none was struck.

On some coins the figure's chest was deliberately flattened, on the die or on the coin. Collectors pursue that variety.

Pesos and colones

Decimal gold followed in pesos from the 1860s to the 1870s, and from 1897 the colones with the bust of Columbus, in 2, 5, 10 and 20 colones. We buy those too.

What affects the offer

  • Type, date and assayer. Anything from Los Horcones, the 1850 4 escudos, the 1864 half escudo, the 1842 state escudo and lion-counterstamped gold are the coins collectors compete for.
  • Strike. A well-struck Indian-woman half escudo is hard to find, and it is worth more.
  • Jewelry. Costa Rica's small gold was set in brooches and pendants for generations, so solder, loop scars, bezel marks and polishing are common. Each lowers the offer, but none of them stops us buying.
  • Grade. Most survivors are Very Fine to About Uncirculated.
  • Certification is welcome but not required. We buy raw coins and price them on what we see.

What to send

A clear photo of the front and back of each coin. A short video, turning the coin in the light, helps too. Phone photos are fine, and if a coin is in a holder, photograph it in the holder.

Dates and catalog numbers

Each row is confirmed in at least two independent sources. Other dates and varieties exist, so if yours isn't listed, send it anyway.

½ escudo, Los Horcones provisional, 1825
DateMintAssayerCatalogNotes
1825CRMUKM-11Provisional, hand-cut dies; few known
1 escudo, 1842, Estado de Costa Rica
DateAssayerCatalogNotes
1842MMKM-33.1One-year type; variety with EST
½ escudo, Indian woman, 1850 to 1864
DateAssayerCatalogNotes
1850JBKM-97, Fr-10
1851JBKM-97, Fr-10
1854JBKM-97, Fr-10
1855JBKM-97, Fr-10
1864JBKM-97, Fr-10Last date
1 escudo, Indian woman, 1850 to 1853
DateAssayerCatalog
1850JBKM-98, Fr-9
1851JBKM-98, Fr-9
1853JBKM-98, Fr-9
2 escudos, Indian woman, 1850 to 1862
DateAssayerCatalogNotes
1850JBKM-99, Fr-8
1854JBKM-99, Fr-8
1854GWKM-99, Fr-8Scarcer assayer for the year
1855JBKM-99, Fr-8
1855GWKM-99, Fr-8
1858GWKM-99, Fr-8
1862GWKM-99, Fr-8Scarce
4 escudos (½ onza), Indian woman, 1850
DateAssayerCatalogNotes
1850JBKM-100, Fr-7One-year type
Counterstamped gold, 1837 to 1849
DateMintAssayerCatalogNotes
ND (1841–42), on 1837 4 escudosCREKM-29, Fr-2aSix-pointed star counterstamp, decree of 24 December 1841; few known
ND (1849–57), on 1846 1 escudoCRJBKM-84, Fr-4aLion-in-circle counterstamp
ND (1849–57), on 1847 ½ escudoCRJBKM-80Lion-in-circle counterstamp; scarce
1 peso, 1864 to 1866
DateAssayerCatalogNotes
1864GWKM-107.1First year of the decimal gold
1866GWKM-107.2, Fr-15
1 peso, 1871
DateAssayerCatalog
1871GWKM-116, Fr-16
2 pesos, 1866
DateAssayerCatalog
1866GWKM-113
2 pesos, 1876
DateAssayerCatalogNotes
1876GWKM-122One-year type
5 pesos, 1867 to 1870
DateAssayerCatalog
1867GWKM-114, Fr-12
1868GWKM-114, Fr-12
1869GWKM-114, Fr-12
1870GWKM-114, Fr-12
5 pesos, 1873 to 1875
DateAssayerCatalogNotes
1873GWKM-117, Fr-13Scarce
1875GWKM-117, Fr-13Scarce
5 pesos, 1873, numeral 5
DateAssayerCatalogNotes
1873GWKM-118One-year type; value as the numeral 5, not CINCO
10 pesos, 1870 to 1872
DateAssayerCatalogNotes
1870GWKM-115, Fr-11
1871GWKM-115, Fr-11Few known
1872GWKM-115, Fr-11Scarcer date
10 pesos, 1876
DateAssayerCatalogNotes
1876GWKM-123One-year type
20 pesos, 1873
DateAssayerCatalogNotes
1873GWKM-119, Fr-17One-year type; few known
20 colones, 1897 to 1900
DateCatalogNotes
1897KM-141, Fr-19First year
1899KM-141, Fr-19
1900KM-141, Fr-19Last date
10 colones, 1897 to 1900
DateCatalogNotes
1897KM-140, Fr-20First year
1899KM-140, Fr-20
1900KM-140, Fr-20
5 colones, 1899 to 1900
DateCatalog
1899KM-142, Fr-21
1900KM-142, Fr-21
2 colones, 1897 to 1928
DateCatalogNotes
1897KM-139, Fr-22First year
1900KM-139, Fr-22
1915KM-139, Fr-22Struck at Philadelphia
1916KM-139, Fr-22Struck at Philadelphia
1921KM-139, Fr-22Key date; struck at Philadelphia
1922KM-139, Fr-22
1926KM-139, Fr-22
1928KM-139, Fr-22Last date

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