1 Groat - Philip the Handsome, Regency Ghent Revolt

This issue dates to one of the most turbulent episodes in Flemish urban history: the revolt of Ghent against the regency government following the death of Mary of Burgundy in 1482. The city refused to accept Maximilian of Habsburg's authority as guardian of the young Philip, holding Maximilian himself prisoner for several months in 1488. These coins were struck under the rebel municipal administration as Ghent effectively governed itself, using the child Philip's name to lend the issue nominal legitimacy while defying the very regime acting in his name.