Mardi Gras Doubloon Value Guide

2 Mardi Gras Coins: OKEANOS 1976 Gold & Green | eBay
Mardi Gras Doubloon
Estimated Value
$4 – $20
Period
1970-1980
Origin
United States
Materials
Aluminum

Originating from the Rex Organization's 1960 centennial, these aluminum doubloons became a staple of New Orleans carnival culture. These 1970s and 1980s specimens are highly collectible for their intricate designs that commemorate specific parade themes and krewe iconography.

What Is Mardi Gras Doubloon Worth?

The typical price range for Mardi Gras Doubloon is $4 - $20 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • The rarity and prestige of the specific krewe, such as the Rex Organization, significantly impacts the price.
  • Physical condition is vital; doubloons with minimal scratches, 'rim dings,' or oxidation command higher prices.
  • The complexity and aesthetic appeal of the year's specific theme or commemorative artwork.
  • The color of the aluminum, as certain limited-run anodized colors can be more valuable than standard silver-toned versions.

How to Identify Mardi Gras Doubloon?

  • Verify the material is lightweight aluminum, the standard for vintage throws from this era.
  • Check for the specific krewe name and the parade year (1970-1980) embossed on the coin faces.
  • Look for high-relief detailing in the imagery, which distinguishes authentic krewe-commissioned pieces from generic replicas.
  • Confirm the design aligns with the historical theme of the specific krewe's parade for that year.

History of Mardi Gras Doubloon

Mardi Gras doubloons originated in New Orleans in 1960 when the Rex Organization, one of the oldest and most prestigious Mardi Gras krewes, decided to create a new type of throw to commemorate their centennial. These aluminum coins quickly became highly sought-after collectibles, featuring diverse designs that often celebrate the theme of the year's parade or the krewe's specific iconography. They are treasured souvenirs that carry the spirit and tradition of the Mardi Gras festivities.

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