Catalog
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| Issuer | Morocco |
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| Year | 1867-1872 |
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| Composition | Silver |
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| Obverse description | Central field bearing the Arabic inscription 'عام' (Year) above the Hijri date numerals '1286', all contained within a circular cartouche formed by a stylised double-arc border. The surrounding field carries additional Arabic marginal legend partially visible along the periphery of the irregularly shaped flan. The coin bears a circular piercing at the left, indicative of secondary use as an ornament or pendant. The overall execution is characteristic of the hand-struck hammered coinage of the Alaoui Sharifian dynasty, with the raised legends showing bold relief against a flat, granular field. |
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| Reverse script | Arabic |
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| Additional information |
Sidi Mohammed IV's second dirham standard represented a deliberate revaluation effort as Morocco struggled to maintain a functional silver coinage against chronic debasement pressure and the flood of foreign coin — particularly Spanish reales — that had come to dominate internal trade. The Fes mint, the kingdom's oldest and most politically significant, struck this type through a period of intensifying European commercial encroachment that would culminate in the Treaty of Madrid just three years after this series closed.