1 Groat "with M" - Philip the Handsome, Regency ND (1487-1488) front 1 Groat "with M" - Philip the Handsome, Regency ND (1487-1488) back
1 Groat "with M" - Philip the Handsome, Regency ND (1487-1488) photo
© Jean Elsen & ses Fils s.a.

1 Groat "with M" - Philip the Handsome, Regency ND

 
Billon (0.200 silver) 1.7 g -
Description
Issuer
Burgundian Netherlands (County of Flanders, Belgian States)
Duke
Philip the Handsome (1482-1506)
Type
Standard circulation coin
Years
1487-1488
Value
1 Groschen (Groot)
Currency
Groot (864-1506)
Composition
Billon (0.200 silver)
Weight
1.7 g
Shape
Round (irregular)
Technique
Hammered
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#311057
Rarity index
100%

Reverse

SHield of Austria-Burgundy over a cross with fleur-de-lis tips.

Script: Latin (uncial)

Lettering: ✠ DEVM* PLVS* AMA* QVAM* ARGEn*

Lettering (regular font): ✠ DEVM* PLVS* AMA* QVAM* ARGEN*

Translation: Love God more than money

Comment

By an ordonnance of 20 April, 1487, Maximilian launched a short-loved coinage system in the Burgundian Netherlands based on the silver real of about 7 grams. Other denominations included the gold real (=24 silver reals), the guilder (= 6 silver reals), the griffon (1/4 silver real) and this groat (1/24 real). By 1489 the system had reverted to something resembling the previous one.

Variants in spelling of both obverse and reverse legends are known (especially the last word, e.g., mЄ', mЄD' or mЄDi obverse, and ARGЄn, ARGЄnTV reverse

Interesting fact

One interesting fact about this coin is that it was minted during the regency of Philip the Handsome, who was the son of King Maximilian I and Mary of Burgundy. Philip was known for his diplomatic and political skills, and he played a significant role in the politics of the Burgundian Netherlands during his regency. The coin's design, which features a crowned shield with the letter "M" on the reverse, likely represents Philip's regency and his connection to the Burgundian dynasty.