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1 Maravedi - Felipe III Segovia,milled,billon
| Issuer | Kingdom of Spain |
|---|---|
| Year | 1598-1599 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Obverse description | Central field displays a stylized castle of three towers, each tower crenellated, representing the arms of Castile, set within a plain inner circle. The castle features an arched gateway at the base and is rendered in a bold, low-relief style characteristic of early roller-milled Spanish coinage. The surrounding legend reads PHILIPPVS III D G OMNIVM, interrupted by the castle motif, and the entire design is enclosed by a prominent beaded border. |
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| Obverse lettering | PHILIPPVS III D G OMNIVM (Translation: Philip III by the grace of God) |
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| Additional information |
Felipe III had been king for a matter of weeks when these were struck — his father died in September 1598, and the Segovia mint was already producing this transitional issue before the year was out. The Segovia facility was Spain's most technically advanced at the time, having adopted water-powered mill machinery in the 1580s precisely to combat the rampant counterfeiting that plagued the hand-struck coinage. The billon composition itself was already a concession to fiscal pressure; the copper content would only increase in subsequent reductions as the Crown's finances deteriorated through the following decade.