1/4 Real - Enrique IV Segovia

Enrique IV's reign was defined by chronic fiscal disorder and a political crisis so severe that a faction of Castilian nobles staged the "Farce of Ávila" in 1465 — symbolically deposing a straw effigy of the king. The crown's authority over its own mints deteriorated accordingly, with multiple cities operating under effectively autonomous monetary conditions by the early 1470s. Segovia's output during this terminal phase of the reign reflects that instability in its often irregular fabric.

The AB#731 attribution places this among the fractional silver struck in the closing years before Isabel I's accession forced a sweeping monetary reform that rendered most Enriqueño coinage obsolete almost immediately.