Mardi Gras Doubloons: A Timeless Tradition

May 15
16:38

2024

Dianna Smith

Dianna Smith

  • Share this article on Facebook
  • Share this article on Twitter
  • Share this article on Linkedin

Mardi Gras doubloons are one of the most enduring symbols of the festive season in New Orleans. These intricately designed, colorful coins are eagerly sought after by crowds who shout, "Throw me something, Mister!" as they are tossed from parade floats. This article delves into the rich history and cultural significance of Mardi Gras doubloons, offering fascinating insights and lesser-known facts about these cherished tokens.

The Origins of Mardi Gras Doubloons

The tradition of Mardi Gras doubloons began in 1960 when King Rex introduced them as a carnival throw in New Orleans. The term "doubloon" originates from the Spanish word "dobla," meaning "double," as these coins were worth twice the value of a regular Spanish gold coin. Historically,Mardi Gras Doubloons: A Timeless Tradition Articles doubloons were made of solid gold and were highly coveted, especially by pirates who dreamed of treasure chests filled with these valuable coins.

Historical Context

Doubloons were used as currency in Spain and its territories until the mid-1800s. One of the most famous doubloons in American history is the Brasher Doubloon. In 1978, a 1787 Brasher coin sold for approximately $625,000 at auction, highlighting its immense value and historical significance (source).

The Modern Mardi Gras Doubloon

Today's Mardi Gras doubloons are designed by local inventor and artist H. Alvin Sharpe. Each doubloon features the Krewe's emblem, name, and founding date on one side, and the theme, year of the ball, and parade on the other. Between 1960 and 1970, King Rex alone distributed 2.75 million doubloons to excited parade-goers. This tradition quickly caught on, with other Krewes following suit.

Collectible Value

While modern doubloons are no longer made of precious metals, they remain highly collectible. Some doubloons are still minted in gold or silver and sold in limited quantities, making them valuable keepsakes. Doubloons from the 1990s are particularly prized due to their rarity.

Evolution of Mardi Gras Throws

In recent years, Krewes have expanded their offerings to include casino-style poker chips, which resemble doubloons. Despite these new additions, traditional doubloons remain a favorite among carnival enthusiasts. Collectors often treasure these coins as mementos of their Mardi Gras experiences.

Impact of Hurricane Katrina

The aftermath of Hurricane Katrina in 2005 saw a resurgence in the popularity of authentic Mardi Gras doubloons. As much of New Orleans was devastated, these coins became poignant reminders of past Carnivals and the city's resilience. The people of New Orleans have continued to celebrate Mardi Gras with renewed vigor, ensuring that each year is bigger and better than the last.

Fun Facts and Lesser-Known Stats

  • Massive Distribution: During the peak years, King Rex alone distributed 2.75 million doubloons between 1960 and 1970 (source).
  • High-Value Collectibles: A 1787 Brasher Doubloon sold for $9.36 million in 2021, making it one of the most expensive coins ever sold (source).
  • Post-Katrina Popularity: The demand for authentic Mardi Gras doubloons surged after Hurricane Katrina, as they became symbols of New Orleans' enduring spirit.

Conclusion

Mardi Gras doubloons are more than just colorful coins; they are a testament to the rich history and vibrant culture of New Orleans. Whether you're a seasoned collector or a first-time reveler, these tokens offer a tangible connection to the magic and excitement of Mardi Gras. So, next time you find yourself at a parade, don't forget to shout, "Throw me something, Mister!" and catch a piece of this timeless tradition.

For those planning a Carnival celebration, doubloons make excellent party favors. They are the annual treasures that keep the spirit of Mardi Gras alive, ensuring that the festivities continue to captivate and delight year after year.