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Dinero - Enrique IV Segovia

Issuer Kingdom of Castile and León
Year 1461-1462
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Value 1 Denier (1⁄160)
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Obverse script Latin
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Reverse description Central device depicting a large Gothic castle with three towers, the central tower taller and flanked by two lower turrets, each with battlements rendered in fine detail. The castle, symbol of the Kingdom of Castile, is shown with a prominent arched gateway at the base. A circular Latin legend surrounds the central device, separated by a beaded inner border. The reverse field shows good detail retention despite the irregular flan and surface patination characteristic of circulated billon coinage. The design is consistent with the standard Castilian dinero type issued under Enrique IV.
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Additional information

Enrique IV's monetary reforms of 1461 were a political calculation as much as an economic one — by flooding Castile with debased billon coinage from multiple mints operating simultaneously, he financed a court notorious for its extravagance while accelerating the inflationary spiral that would destabilize his reign. The Segovia mint was among the most active in this program. Within a decade, the coinage had deteriorated so badly that the Cortes at Ocaña in 1469 formally condemned it, a humiliation that compounded the king's already fractured authority during the civil wars against supporters of his half-brother Alfonso.

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