Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
[Game] World Coins Time Machine… Counting Backward by Year! (Plus Prize Coin)
>
Reply to Thread
Message:
<p>[QUOTE="talerman, post: 3114254, member: 89314"]Are you kidding ? I noticed you obviously know a lot about Russian coins but are you really a Siberian Man with a local coin shop which sells such nice Spanish coppers ?</p><p><br /></p><p>As DEA points out, these countermarks were very common on Philip III and IV coins as a bankrupt government tried to find quick fixes to their financial problems. For example, in March 1602, under Philip III, it was decided to double the value of the circulating copper and billon coins by counterstamping them VIII and IIII. After Philip IV succeeded his father, an attempt was made in 1628 to clean up the coinage and the value of these coins was reduced back to 4 and 2. However, this policy was reversed by a desperate government in 1636, and it was decided that the "value" of these coins should be tripled with additional countermarks of the crowned date and XII and VI respectively. Many more such decrees would follow. There is an excellent series of articles on this subject, "Spanish Copper Coins and their countermarks in the 17th century", by Paul de Groot published in the Numismatics International Bulletin in 1991 (and available on the Newman Numismatic Portal), the main source of my information. </p><p><br /></p><p>Your coin was struck in 1618 at the Ingenio mint in Segovia (aqueduct mm), the only Spanish mint producing quality milled coins. What is unusual is that the c/m is the same value as the coin, 8. It is not changing the value of the coin, just apparently confirming it. I have never seen one like that.</p><p><br /></p><p>Is there another c/m on the obverse or is that just the backside of the 8 c/m ?[/QUOTE]</p><p><br /></p>
[QUOTE="talerman, post: 3114254, member: 89314"]Are you kidding ? I noticed you obviously know a lot about Russian coins but are you really a Siberian Man with a local coin shop which sells such nice Spanish coppers ? As DEA points out, these countermarks were very common on Philip III and IV coins as a bankrupt government tried to find quick fixes to their financial problems. For example, in March 1602, under Philip III, it was decided to double the value of the circulating copper and billon coins by counterstamping them VIII and IIII. After Philip IV succeeded his father, an attempt was made in 1628 to clean up the coinage and the value of these coins was reduced back to 4 and 2. However, this policy was reversed by a desperate government in 1636, and it was decided that the "value" of these coins should be tripled with additional countermarks of the crowned date and XII and VI respectively. Many more such decrees would follow. There is an excellent series of articles on this subject, "Spanish Copper Coins and their countermarks in the 17th century", by Paul de Groot published in the Numismatics International Bulletin in 1991 (and available on the Newman Numismatic Portal), the main source of my information. Your coin was struck in 1618 at the Ingenio mint in Segovia (aqueduct mm), the only Spanish mint producing quality milled coins. What is unusual is that the c/m is the same value as the coin, 8. It is not changing the value of the coin, just apparently confirming it. I have never seen one like that. Is there another c/m on the obverse or is that just the backside of the 8 c/m ?[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
[Game] World Coins Time Machine… Counting Backward by Year! (Plus Prize Coin)
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...