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Groschen - Philip IV

Issuer Burgundy, County of
Year 1622-1636
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Weight 2.4 g
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Reverse description The quartered royal coat of arms of Philip IV, incorporating the heraldic devices of Castile, León, Aragon, and Burgundy, surmounted by a royal crown. Flanking the shield on either side are two fire steels (fusils) emitting sparks, the emblems of the Order of the Golden Fleece and the House of Burgundy. A continuous Latin legend encircles the central armorial device, running along the inner border of the coin.
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Reverse lettering . ARCHID . AVST . DVX . ET . COM . BVRG . Zc
(Translation: ... archduke of Austria, duke and count of Burgundy etc.)
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Additional information

Philip IV inherited the Spanish Netherlands at seventeen and never once visited his Burgundian territories, leaving monetary policy to a succession of governors who repeatedly debased the billon coinage to fund the Eighty Years' War. The groschen issues of this period reflect that pressure directly — silver content dropped sharply across the 1620s as the drain of sustained military campaigning against the Dutch Republic made fineness a secondary concern to volume of output.

The fourteen-year striking window for this type spans the worst of the Flemish fiscal deterioration, with later dies generally producing noticeably baser metal.

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