1621–1623 Spain 2 Maravedis – Toledo Mint Philip IV - NGC XF 40 BN
Item Overview
An exceptionally preserved copper issue from the beginning of King Philip IV’s reign (1621–1665). Struck at the historic Toledo Mint (indicated by the distinct T mintmark), this hammered 2 Maravedis piece dates to the early 1620s — a period defined by the height of Spanish imperial power and global maritime trade.
Hammered Spanish copper maravedis were heavily circulated everyday workhorses of 17th-century Iberian commerce. Finding a survivor certified in XF 40 (Extremely Fine) with natural Brown (BN) copper toning is remarkably scarce, as most examples suffer from severe wear, Planchet clip, or environmental corrosion.
Specifications & Certification
| Attribute | Details |
| Certification | NGC (Numismatic Guaranty Company) |
| Grade / Color | XF 40 BN (Extremely Fine 40, Brown) |
| Issuer / Country | Kingdom of Spain |
| Monarch | King Philip IV (Felipe IV) |
| Date Range | Circa 1621–1623 |
| Denomination | 2 Maravedis (2M / II) |
| Metal | Copper |
| Mintmark | T (Toledo Mint) |
| Catalog Reference | KM# 4.7 / Calicó 1554 series |
Design Details
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Obverse: Features the castle of Castile within an inner circle, flanked by the Roman numeral denomination II and the T mintmark for Toledo. Surrounded by the Latin legend
PHILIPPVS IIII D G(Philip IV, by the Grace of God). -
Reverse: Displays the lion rampant of León inside a circle, topped with a cross. Encircled by the legend
HISPANIARVM REX(King of the Spains) and date.
Collector Highlights
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Early Reign Issue: Struck during the initial years of Philip IV's 44-year reign, preceding the widespread re-stamping (countermarking) campaigns that altered many 17th-century Spanish coppers.
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Toledo Mint Hallmark: The Toledo mint is among the oldest and most famous minting facilities in Spanish history, dating back to medieval times.
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Exceptional Surface Quality: Retains sharp high-point detail on the castle towers and lion motifs, paired with rich, chocolate-brown surfaces.