


© Heritage Auctions
8 Maravedis - Philip III
1618 yearCopper | - | - |
Issuer | Spanish possession of Oran (Algeria) |
---|---|
King | Philip III (1598-1621) |
Type | Standard circulation coin |
Year | 1618 |
Value | 8 Maravedis (4⁄17) |
Currency | Real (1509-1708) |
Composition | Copper |
Shape | Round (irregular) |
Orientation | Medal alignment ↑↑ |
Demonetized | Yes |
Updated | 2024-10-04 |
Numista | N#51835 |
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Rarity index | 87% |
Reverse
ORAN in center of legend
Script: Latin
Lettering:
O
R+A
N
Interesting fact
The 8 Maravedis coin from Philip III's reign (1618) was used as a form of currency in the Spanish possession of Oran (Algeria) and was made of copper. What's interesting is that this coin was part of a series of coins that were minted in Oran during the Spanish occupation, which lasted from 1509 to 1792. These coins were used for local transactions and were also used to pay taxes and debts. The fact that this coin was made of copper suggests that it was a relatively low-value coin, as copper was a less valuable metal than other metals like silver or gold. Despite its low value, this coin is still a valuable piece of history and a reminder of the complex economic and cultural exchange that took place during the Spanish occupation of Oran.