© Aureo & Calicó S.L., subastas numismáticas
© Aureo & Calicó S.L., subastas numismáticas
16 Maravedis - Philip IV large bust
| Copper | 4.5 g | - |
| Issuer | Spain |
|---|---|
| King | Philip IV (1621-1665) |
| Type | Standard circulation coin |
| Years | 1660-1661 |
| Value | 16 Maravedis (8⁄17) |
| Currency | Real (1497-1833) |
| Composition | Copper |
| Weight | 4.5 g |
| Shape | Round |
| Technique | Roller milled |
| Demonetized | Yes |
| Updated | 2024-10-07 |
| Numista | N#112798 |
|---|---|
| Rarity index | 87% |
Reverse
Crowned arms, mintmark at bottom, initial at left, value 16 at right. Legend around.
Script: Latin
Lettering:
HISPANIARVM REX
Y 16
MD
Translation: King of Spain
Comment
KM#153.1 MadridKM#153.2 Trujillo
Interesting fact
The 16 Maravedis coin from Spain, featuring Philip IV with a large bust, was minted during a time of significant economic change in the country. In the mid-17th century, Spain was experiencing high inflation, and the value of its currency was rapidly decreasing. To combat this, the government introduced a new coinage system, which included the 16 Maravedis coin, that was made of copper and had a higher value than the previous coinage. This was an attempt to stabilize the economy and restore confidence in the currency. It's interesting to note that while the coin was minted in 1660-1661, it was not widely accepted or used, and its value was not stable. The coin's value fluctuated greatly, and it was eventually replaced by other coinage. Despite this, the 16 Maravedis coin remains a unique and interesting piece of Spanish history.
