Posted 07/23/2015 1:45 pm
Definitely a Spanish 8 Maravedis minted for use in the New World colonies. But, it appears it was minted in Spain as well as in the Colonies. This is what I've found so far:
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SPECIFICATIONS
Composition: Copper
DESIGN
Obverse: Head right
Obverse Legend: CAROLUS IIII D G HISP REX
Reverse: Cross with castles and lions in angles, within wreath
NOTES
Ruler: Charles IV
Note: Mint mark: Aqueduct.
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After the discovery of America, copper maravedís, along with silver reales, were the first coins struck in Spain for the purpose of circulation in the New World colonies. These coins, minted with a special design for specific use of the Americas, were first coined in Seville in 1505 for shipment to the colonial island of Hispaniola the following year, thus giving these coins their distinction as the first coins for the New World. By 1531 these coins were still being minted, by now in both Seville and Burgos, and subsequent shipments have been confirmed to other areas such as: Mexico, Panama and Puerto Rico. These maravedís were used as Spanish Colonial change for smaller transactions and after mints were later established in the New World, in both Mexico (ordered in 1535, production began in 1536) and Santo Domingo (ordered in 1536, production began in 1542), coins of this type were also minted there.
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Segovia, Spain used an aqueduct, a local landmark, before it switched over to the star system in 1868.
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Does anyone know if the aqueduct on the face means it was definitely minted in Segovia or did the Colonial Mints duplicate the coin exactly, including the aqueduct?
********************
SPECIFICATIONS
Composition: Copper
DESIGN
Obverse: Head right
Obverse Legend: CAROLUS IIII D G HISP REX
Reverse: Cross with castles and lions in angles, within wreath
NOTES
Ruler: Charles IV
Note: Mint mark: Aqueduct.
**************
After the discovery of America, copper maravedís, along with silver reales, were the first coins struck in Spain for the purpose of circulation in the New World colonies. These coins, minted with a special design for specific use of the Americas, were first coined in Seville in 1505 for shipment to the colonial island of Hispaniola the following year, thus giving these coins their distinction as the first coins for the New World. By 1531 these coins were still being minted, by now in both Seville and Burgos, and subsequent shipments have been confirmed to other areas such as: Mexico, Panama and Puerto Rico. These maravedís were used as Spanish Colonial change for smaller transactions and after mints were later established in the New World, in both Mexico (ordered in 1535, production began in 1536) and Santo Domingo (ordered in 1536, production began in 1542), coins of this type were also minted there.
*****************
Segovia, Spain used an aqueduct, a local landmark, before it switched over to the star system in 1868.
****************
Does anyone know if the aqueduct on the face means it was definitely minted in Segovia or did the Colonial Mints duplicate the coin exactly, including the aqueduct?
Edited by DavidS
07/23/2015 1:46 pm
07/23/2015 1:46 pm
