1 Groat - Philip the Handsome ND (1493-1496) front 1 Groat - Philip the Handsome ND (1493-1496) back
1 Groat - Philip the Handsome ND (1493-1496) photo
© Jean Elsen & ses Fils s.a.

1 Groat - Philip the Handsome ND

 
Billon (.279 silver) 1.71 g 24.5 mm
Description
Issuer
Burgundian Netherlands (County of Flanders, Belgian States)
Duke
Philip the Handsome (1482-1506)
Type
Standard circulation coin
Years
1493-1496
Value
1 Groschen (Groot)
Currency
Groot (864-1506)
Composition
Billon (.279 silver)
Weight
1.71 g
Diameter
24.5 mm
Shape
Round (irregular)
Technique
Hammered
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#151116
Rarity index
93%

Reverse

Long cross pattée dividing legend, with fleur-de-lis at center; in angles, two rings, one lion and one fleur-de-lis.

Script: Latin (uncial)

Lettering: BEnEDIC AnIMA MEA DOMInO

Lettering (regular font): BENEDIC ANIMA MEA DOMINO

Translation: My soul praises the Lord

Interesting fact

The 1 Groat coin from Burgundian Netherlands featuring Philip the Handsome has an interesting fact: it was minted during a time of great economic change. The coin was issued during the reign of Philip the Handsome, who was the Duke of Burgundy and Count of Flanders from 1493 to 1496. During his reign, Philip implemented several economic reforms, including the introduction of a new coinage system, which replaced the old system of deniers and liards with a new system based on the groat (groot) and the stuiver (stiver). The 1 Groat coin was part of this new system and was used widely in the County of Flanders, which is now part of modern-day Belgium. This coin is a rare and valuable piece of history, providing a glimpse into the economic and political changes that took place during the late medieval period.