4 Falus - Moulay Al-Hasan I Fes mint

Moulay Al-Hasan I ascended the throne in 1873 and immediately faced pressure to modernize Morocco's coinage system, which had deteriorated badly under his predecessors — debased flans, inconsistent striking, and widespread counterfeiting had eroded confidence in the bronze issues. The Fes mint, the oldest and most prestigious of the Moroccan minting establishments, produced this 4 Falus series as part of his early monetary reforms before European-assisted mechanized coinage arrived later in his reign.

By the 1880s, Spanish and French commercial interests were actively lobbying for standardized Moroccan currency to facilitate trade. That external pressure would eventually produce the mechanized issues of 1882 onward, making this hand-struck Fes production one of the last of its kind.