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1641 Spain 8 Maravedis (Counterstamped Issue) – Madrid Mint | NGC XF Details – Environmental Damage

$537.00
SKU:
8431091-047
Maximum Purchase:
1 unit
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1641 Spain 8 Maravedis (Counterstamped Issue) – Madrid Mint | NGC XF Details – Environmental Damage

Item Overview

A striking and exceptionally detailed specimen from the royal counterstamping (resello) campaigns of King Philip IV! During the height of the 17th-century Spanish fiscal crisis, the Crown re-tariffed existing copper currency by punching official value marks and mint hallmarks directly onto the planchets.

This coin offers wonderful legibility, featuring a crystal-clear 1641 date and bold counterstamp punches. Certified as XF Details – Environmental Damage, it displays exceptionally sharp, high-grade design and punch relief that is rarely encountered on circulating copper issues of this era, offset only by typical copper oxidation or soil patina.

Specifications & Certification

Attribute Details
Issuer / Country Kingdom of Spain
Monarch King Philip IV (Felipe IV)
Counterstamp Date 1641 (Clearly legible)
Denomination 8 Maravedis (8M / VIII)
Mintmark M (Madrid Mint hallmark)
Type Official Royal Counterstamp (Resello)
Metal Copper
Grade / Condition XF Details — Environmental Damage (Strong, crisp Extremely Fine strike detail across the punches and design elements, with characteristic environmental surface aging)

Diagnostic Details & Counterstamp Features

  • Obverse Punch: Features the denomination mark VIII clearly stamped alongside royal crown elements.

  • Reverse Punch: Displays VIII proudly centered within the countermark circle, accompanied by the distinct small M hallmark identifying production at the premier Royal Mint of Madrid.

  • Date Clarity: Finding a 17th-century Spanish copper with a completely readable 1641 date is a major highlight, as most counterstamp strikes were rushed or placed off-center.

Historical Significance

  • Philip IV's Fiscal Experiments: To finance continuous European warfare without the immense cost of minting fresh copper blanks from scratch, the Madrid treasury recalled coinage to double or quadruple its face value via countermarking.

  • The Madrid Mint: As the capital's principal mint facility, Madrid outputted some of the most meticulously punched resellos of the period, though survival in high visual grades remains scarce.

  • Collector Appeal: While graded with environmental details, the exceptional sharpness of the 1641 date, Madrid M mintmark, and VIII denominations makes this an ideal cabinet piece for collectors seeking high visual eye appeal without paying pristine straight-grade prices.