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Blanca - Felipe II Segovia

Issuer Spain
Year 1566-1593
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Composition Billon
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Edge Plain
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Mintage ND (1566-1571) D - 2-archs and D in obverse,Cal#857 -
ND (1566-1571) D - 2-archs and D in reverse,Cal#855 -
ND (1566-1571) D - 2-archs and D in reverse,monogram between crosses,Cal#863 -
ND (1566-1571) D - 3-archs and D in obverse,Cal#858 -
ND (1566-1571) D - 3-archs and D in reverse,monogram between crosses,Cal#862 -
ND (1566-1571) D - D and 2-archs in reverse,monogram between crosses,Cal#864 -
ND (1585) I - I at left in reverse,Cal#861 -
ND (1585) I - I at right in reverse,Cal#860 -
ND (1586) M - Cal#859 -
ND (1590-1593) D - D obverse and reverse,Cal#856 -
Additional information

The blanca was by this period so debased that it functioned barely above token status — successive devaluations under Charles I and Philip II had stripped the billon coinage of any meaningful silver content. Philip's chronic war expenditure, particularly the ruinous cost of maintaining the Army of Flanders and financing the fleet lost at Lepanto, drove the crown to extract revenue wherever possible, including the seigniorage on low-denomination minting at Segovia's water-powered mill mint, one of the first mechanized facilities in Europe, established in the 1580s.

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