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Dinero - Felipe III

Issuer Valencia, Kingdom of
Year 1610
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Reference(s) KM#5 - Cal#896
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Obverse lettering PHILIPPVS DG
Reverse description Central field features two tall, stylized palm fronds or reeds rising from a common base, a traditional heraldic device associated with the city and Kingdom of Valencia. Flanking the central device are decorative elements characteristic of the Valencian dinero type. A beaded border frames the design along the inner periphery. The legend VALENCIA with the date 1610 is distributed around the coin's circumference in Latin characters. The hammered production results in an irregular planchet with slight weakness in areas of the strike.
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Additional information

Felipe III's Valencian copper dineros of this period were struck under the royal prerogative to supply the kingdom's chronic small-change shortage, a persistent problem across the Crown of Aragon's territories. Valencia maintained its own mint and monetary ordinances distinct from Castile — a jurisdictional reality Felipe III had little appetite to challenge, given the kingdom's fueros and the ever-present threat of noble resistance.

1610 falls just one year before the mass expulsion of the Moriscos from Valencia, a decree that ultimately stripped the kingdom of roughly a third of its agricultural labor force and destabilized the local economy for decades.

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