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Dirham - Sidi Mohammed IV 2nd Standard, Fes mint

Issuer Morocco
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.

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