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

发行方 Brabant, Duchy of
年份 1482-1485
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形状 Round (irregular)
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正面描述 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.
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背面描述 Central design features a short voided cross with fleur-de-lis terminals at each arm, contained within a beaded inner circle. The four fleurs-de-lis fill the angles formed by the cross arms, creating a quatrefoil-like appearance. The surrounding peripheral legend in uncial Latin is separated by pellet stops and runs continuously around the coin. The hammered flan is irregular in shape, typical of late medieval billon small denomination coinage from the Low Countries.
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附加信息

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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