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

1 Grossus - Philip the Handsome with M ND

 
Billon (Ag .222 or .167) 1.81 g 23 mm
Description
Issuer
Duchy of Brabant (Belgian States)
Regent
Philip III the Handsome (1482-1494)
Type
Standard circulation coin
Years
1487-1488
Value
1 Groschen (Groot)
Currency
Groot (1183-1506)
Composition
Billon (Ag .222 or .167)
Weight
1.81 g
Diameter
23 mm
Shape
Round (irregular)
Technique
Hammered
Orientation
Coin alignment ↑↓
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#98929
Rarity index
95%

Reverse

Shield over floriate cross.

Script: Latin (uncial)

Lettering: ☩ DEVm ⸰ PLVS ⸰ AmA ⸰ QVAn ⸰ARGEnTVm

Lettering (regular font): ☩ DEVM ⸰ PLVS ⸰ AMA ⸰ QVAN ⸰ARGENTVM

Translation: Love god more than money

Comment

Silver 1487 (.222) Silver 1488 (.167)

By a decree of 20 April, 1487, Maximilian tried to establish a new currency system in the Burgundian Netherlands based on the gold real (14.4 g. pure gold) and the silver real (7.0 grams 0.900 fine), with the equivalents 1 gold real = 24 silver reals; 1 silver real = 4 griffons (1.75 g., 0.88 fine) = 24 groats (1.24 g., 0.200 fine). By the time the first Brabant coins were struck in July, 1487, the values had changed to 1 silver real (7.2 g.) = 4 griffons (3.35 g. , 0.480 fine)= 16 groats (1.81 g., 0.214).
Some of these types (like this one) stated the denomination in the legend, which was rare at the time.

These types were produced for less than two years, and were replaced by types resembling earlier issues (groats and their fractions, patards, briquets, etc.).

Interesting fact

One interesting fact about the 1 Grossus coin featuring Philip the Handsome is that it was minted during a time of great economic and political change in the Duchy of Brabant. The coin was issued during the reign of Philip the Handsome, who was the Duke of Brabant from 1487 to 1488. During his reign, Philip implemented a number of economic reforms, including the introduction of a new coinage system, which helped to stabilize the economy and promote trade in the region. The 1 Grossus coin was a key part of this new system, and it remains a valuable and sought-after collector's item to this day.

Price

Date Mintage VG F VF XF AU UNC
ND (1487-1488)  474052 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Grossus - Philip the Handsome (with M) ND (1487-1488) coin.