4 Maravedis Republican coinage
1810 yearCopper | - | - |
Issuer | Margarita (Venezuelan provinces) |
---|---|
Type | Standard circulation coin |
Year | 1810 |
Value | 4 Maravedis (⅛) |
Currency | Real (1810) |
Composition | Copper |
Demonetized | Yes |
Updated | 2024-10-09 |
Numista | N#76016 |
---|---|
Rarity index | 97% |
Reverse
Denomination encircled with seven stars and legend around.
Script: Latin
Lettering:
★★★
4
★★★★
DA FX DIA 4 DE MAIO 1810
Translation:
4 Maravedis
Made on the day of May 4th 1810
Comment
Discussion exists concerning the nature of this piece. The number 4 could be considered face value in Maravedis; a unit commonly used in islands such as this, which would grant it coin status. But it also could be considered the day of independence (commonly used in other Republican coins in Venezuela with 19; for Margarita would be 4 because they joined the Independence some days after the mainland declared it), which would grant it medal status. Both theories have support and further investigation is required.Interesting fact
The 4 Maravedis coin from Margarita (Venezuelan provinces) made of Copper in 1810 is interesting because it was issued during a time of great economic and political change in Venezuela. The Republican coinage was introduced in 1810, replacing the earlier Spanish colonial coinage, and the 4 Maravedis coin was one of the first coins to be issued under this new system. Additionally, the use of copper as the material for the coin was a departure from the traditional gold and silver coins that were previously used, reflecting the economic constraints and inflationary pressures of the time. This coin is a tangible reminder of the complex history and economic development of Venezuela during this period.