1/2 Cuartillo - Enrique IV Toledo

Enrique IV's billon issues are inseparable from the monetary chaos that defined his reign. Chronic debasement, unauthorized minting by private operators, and competing coinage from rebellious nobles produced a circulation environment so degraded that the 1462 Pragmatic of Medina del Campo attempted — largely unsuccessfully — to impose order on the whole mess. Toledo was an authorized mint throughout, but the proliferation of unofficial dies during these years means attribution can be genuinely difficult.

AB#771 is among the smaller fractions, which circulated hardest and survived least.