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1/5 Daalder '1/5 Philipsdaalder' - Philip II Countermark A13.2
| Issuer | Holland, County of |
|---|---|
| Year | 1573-1574 |
| Type | Standard circulation coin |
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|---|---|
| Obverse script | Latin |
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| Reverse description | Left-facing draped bust effigy of Philip II wearing a laurel wreath and period armour, rendered in relief with fine detail characteristic of the Dordrecht mint's hammered coinage. The portrait is framed by a circular Latin legend reading in full around the periphery of the coin. The fields display the typical granular surface texture associated with hammered silver coinage of the Low Countries in the sixteenth century. |
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| Additional information |
Holland's finances were under acute strain during the early years of the Dutch Revolt, and the province resorted to countermarking foreign and domestic fractions to authorize them for local circulation rather than strike entirely new coinage. This particular countermark — applied to fifths of the Philipsdaalder — reflects the chaotic monetary improvisation of 1573–74, when Spanish sieges and interrupted trade routes made controlling the currency supply both urgent and nearly impossible.
The Philipsdaalder itself had only been introduced in 1557. Cutting and countermarking fractions within two decades of its introduction underscores how quickly military expenditure consumed whatever monetary order the Habsburgs had tried to establish in the Low Countries.