This is a very nice 1824 Spanish 8 Maravedis coin featuring the portrait of King Ferdinand VII. This coin is a great addition to any collection of world coins. The coin was minted in Spain and bears the denomination of Maravedí, which was in use from the 1500’s to 1800’s.


Born in Madrid at El Escorial, Ferdinand VII was heir apparent to the Spanish throne in his youth. Following the 1808 Tumult of Aranjuez, he ascended the throne. That year Napoleon overthrew him; he linked his monarchy to counter-revolution and reactionary policies that produced a deep rift in Spain between his forces on the right and liberals on the left.


Back in power in December 1813, he re-established the absolutist monarchy and rejected the liberal constitution of 1812. A revolt in 1820 led by Rafael del Riego forced him to restore the constitution, starting the Liberal Triennium, a three-year period of liberal rule. In 1823 the Congress of Verona authorized a successful French intervention, restoring him to absolute power for the second time. He suppressed the liberal press from 1814 to 1833, jailing many of its editors and writers.


Under his rule, Spain lost nearly all of its American possessions, and the country entered into a large-scale civil war upon his death. His political legacy has remained contested since his death; some historians regard him as incompetent, despotic, and short-sighted.


The coin is in excellent condition and would make a great investment for anyone who appreciates the value of antique coins.



C642