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1 Maravedi - Philip III Monogram; hammered
| Issuer | Spain |
|---|---|
| Year | 1601-1604 |
| Type | Log in to see details |
| Value | 1 Maravedi (1⁄34) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
| Shape | Log in to see details |
| Technique | Log in to see details |
| Orientation | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | PHILIPUS 1602 |
| Reverse description | Log in to see details |
| Reverse script | Log in to see details |
| Reverse lettering | Log in to see details |
| Edge | Plain |
| Mint | Log in to see details |
| Mintage | Log in to see details |
| Additional information |
Philip III's earliest copper maravedí issues, struck between 1601 and 1604, represent Spain's first systematic attempt to solve a chronic small-change shortage that had plagued Castile for decades. The Catholic Monarchs and Philip II had resisted debasing the copper coinage; Philip III abandoned that restraint almost immediately upon succession, authorizing a flood of lightweight cobs that the mints at Segovia, Burgos, and Toledo struck with minimal care for consistency. Individual pieces from this type vary wildly in flan shape and strike quality — not as a defect but as an inherent feature of the hammered production method sanctioned for speed over precision.