1/4 Falus - Moulay al-Hasan I

Moulay al-Hasan I pursued an aggressive minting modernization program in the late 19th century, importing European equipment and establishing more rigorous production standards at Fes — part of a broader effort to stabilize a monetary system long plagued by debased and underweight coinage. The quarter falus sat at the extreme low end of that system, useful mainly for small market transactions in a country where foreign coins, particularly Spanish and French issues, had effectively displaced Moroccan currency in coastal commerce.

These small bronzes were struck across a window that closed with Moulay al-Hasan's death in 1894 during a military expedition near Rabat.