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4 Maravedis - Felipe III Segovia, copper
| Issuer | Casa de la Moneda de Segovia (Segovia Mint) |
|---|---|
| Year | 1602-1620 |
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| Composition | Log in to see details |
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| Orientation | Medal alignment ↑↑ |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse lettering | HISPANIARVM · REX (Translation: King of Spain) |
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| Additional information |
Felipe III inherited a Castilian treasury dependent on American silver, but the chronic shortage of small-denomination coinage for everyday transactions drove the Crown to authorize a massive expansion of copper vellón production beginning in 1599. The Segovia mint, powered by a water-driven mill on the Eresma River, was the most technically advanced facility in Spain and handled a disproportionate share of this output. By 1608, so much copper coinage had flooded Castile that the Crown was forced to suspend further minting — only to resume and repeat the cycle.
Segovia pieces from this series are distinguished from other Castilian mints by the aqueduct mintmark and the mechanical regularity of the mill-struck blanks.