This Spanish Empire coin from the early 1600’s is a rare and valuable piece of history. Minted during the reign of King Philip IV, and the time period of Piracy. Featuring the denomination of Maravedí, this coin is a must-have for any serious collector of world coins.
Philip IV, also called the Planet King, was King of Spain from 1621 to his death and (as Philip III) King of Portugal from 1621 to 1640. Philip is remembered for his patronage of the arts, including such artists as Diego Velázquez, and his rule over Spain during the Thirty Years' War.
The coin has definitely seen some history over the past 370years. It is a tangible reminder of a bygone era and a fascinating glimpse into the world of early modern Europe.
This coin has a XII (12) Counterstamp on the obverse. This coin has multiple counterstamps and counter marks done by decree of the reigning King of Spain. From 1603 to 1659, there were six series of counterstamping the copper coinage in order to increase their value and thus raise revenue:
1603: the 2 & 4 maravedis have their value tripled
1636: the pure copper maravedis (not the billon ones) also have their value tripled
1641-42: the 2, 4 and 8 maravedis are increased in value to 6,8 and 12
1651-52: the 1 and 2 maravedis are quadrupled in value
1654-55: the 4 maravedis are doubled to 8.
This coin is a fascinating piece of world history.
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