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Dirham - Sidi Mohammed IV 2nd Standard, Marrakesh mint

Issuer Sultanate of Morocco
Year 1867-1870
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Value 1 Dirham
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Obverse script Arabic
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Mint Marrakesh Mint
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Additional information

Sidi Mohammed IV inherited a treasury strained by the indemnity imposed after Morocco's defeat at the Battle of Isly in 1844 and the subsequent Spanish war indemnity of 1860 — 20 million pesetas payable to Madrid. The monetary reforms that produced this second standard were partly an attempt to stabilize silver coinage whose weight and fineness had become increasingly unreliable through the mid-century. Marrakesh functioned as one of the primary minting centers precisely because it remained the traditional seat of Alaouite dynastic authority even as Fez held administrative prominence.

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