#j306# Spanish Countermarked 4 maravedis coin of Philip IV, 1655 AD (New Zealand Stock) holding olive branch

holding olive branch

✠ • S • DE CHIPRE •

) atop castle

YΠ CAB MOΔEC TOV NIKOPOL EITWN PROC

Diameter: 23

#j306# Spanish Countermarked 4 maravedis coin of Philip IV, 1655 AD (New Zealand Stock) holding olive branchWelcome to cc coins Up for auction is a Spanish Countermarked 4 maravedis coin of Philip IV, 1655 AD During the Spanish 80 year war, the empire suffered from an acute lack of copper due to increased demand for munitions (ie cannons). This crisis was compounded by background inflation (an ongoing concern given the influx of precious metals from the Americas since the 16th century) . In an attempt to address these issues, the government attempted to