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Grossus 'Groat with M' - Philip the Handsome, Regency

Issuer Guelders, Duchy of
Year 1487-1488
Type Standard circulation coin
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Obverse description Central field dominated by a large Gothic capital letter M surmounted by an ornate crown with fleurs-de-lis and cross finials, rendered in high relief in the hammered style typical of late 15th-century Low Countries coinage. The crowned M monogram serves as the primary device, referencing the Burgundian regency authority. The design is enclosed within a beaded inner circle, beyond which runs the circular Latin legend separated by pellet stops. The flan is irregular and slightly cupped, consistent with hand-struck billon coinage of the period.
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Reverse script Latin
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Additional information

Philip the Handsome held nominal lordship over Guelders during this period, but the regency coinage issued in his name reflects the duchy's persistent struggle to maintain autonomous minting rights against Habsburg pressure. The 'M' on this grossus denotes the Montfoort mint, one of several competing regional minting operations active in Guelders during the 1480s — a proliferation that itself signals political fragmentation rather than central coordination.

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