4 Maravedis (Republican coinage) 1810 front 4 Maravedis (Republican coinage) 1810 back
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4 Maravedis Republican coinage

1810 year
Copper - -
Description
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
References
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.