#I780# Spanish Countermarked 4 maravedis coin of Philip IV, 1659 AD HQ Reference: Sear 29

Reference: Sear 29

the government attempted to change the monetary value of currency currently in circulation

- Three lines of Arabic script

ID# 374g (UK)

#I780# Spanish Countermarked 4 maravedis coin of Philip IV, 1659 AD HQ Reference: Sear 29Welcome to cc coins Up for auction is a Spanish Countermarked 4 maravedis coin of Philip IV, 1659 AD During the Spanish 80 year war, the empire suffered from an acute lack of copper due to increased demand for munitions (ie cannons). This crisis was compounded by background inflation (an ongoing concern given the influx of precious metals from the Americas since the 16th century) . In an attempt to address these issues, the government attempted to