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1/4 Groat - Philip the Handsome, Regency with M

Issuer Brabant, Duchy of
Year 1482-1485
Type Standard circulation coin
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Obverse description Central field dominated by a large Gothic capital letter M, enclosed within a plain inner circle surrounded by a beaded border. The M serves as the regency monogram, referencing the regent Maximilian of Austria. The peripheral legend runs continuously around the coin in uncial Latin characters, separated by pellet stops. The overall style is characteristic of late 15th-century Brabantine hammered billon coinage.
Obverse script Latin (uncial)
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Additional information

Philip was an infant when his mother Mary of Burgundy died after a riding accident in 1482, leaving the regency of the Burgundian Netherlands to his father Maximilian of Habsburg. The "M" mintmark on this issue denotes Mechelen, which served as the administrative heart of the Low Countries during this contested regency period — Maximilian's authority over the Flemish towns was anything but secure, and sporadic rebellions interrupted minting throughout these years.

The billon fineness here reflects deliberate debasement, not accidental degradation. Monetary policy during the regency was perpetually strained by military costs.

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