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(1658–1659) Spain 8 Maravedis (Counterstamped Issue) | NGC VF 25 BN – Sole Graded / Top Pop

$1,100.00
SKU:
8431091-045
Maximum Purchase:
1 unit
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Item Overview

An extraordinary, unique census top pop piece of 17th-century Spanish monetary history! During the severe fiscal crises of Philip IV's reign, the Spanish Crown frequently recalled and counterstamped (resellado) existing copper coins to revalue them. This issue represents an official 1658–1659 royal counterstamp re-tariffing the host coin to 8 Maravedis.

Graded VF 25 BN by NGC, this specimen is not only exceptionally well-preserved for a heavily circulated emergency copper issue, but it stands as a singular condition rarity.

Specifications & Certification

Attribute Details
Certification NGC (Numismatic Guaranty Company)
Grade / Color VF 25 BN (Very Fine 25, Brown)
Issuer / Country Kingdom of Spain
Monarch King Philip IV (Felipe IV)
Date Range Circa 1658–1659 (Counterstamp Date)
Denomination 8 Maravedis (8M / VIII)
Type Official Royal Counterstamp (Resello)
Metal Copper
Census Status Top Pop — 1/0 (Sole Graded Example by NGC)

NGC Census & Rarity Breakdown

Finding 17th-century Spanish counterstamped coppers in straight-graded NGC holders is notoriously difficult, making this example an unmatched trophy for advanced Spanish Colonial or European copper collectors:

  • Total Graded by NGC: 1

  • Graded VF 25 BN: 1

  • Graded Higher: 0

Census Highlight: This is literally the single fine-known example certified by NGC, occupying the top position (#1 Top Pop) with none higher in the official population report.

Historical Context: The 1658–1659 "Resello" Campaigns

  • Emergency Fiscal Measure: Facing immense debt from military campaigns across Europe, Philip IV ordered the widespread re-tariffing of circulating coppers. Punching official royal crowns, dates, and Roman numeral denominations directly onto existing host coins allowed the Crown to re-value money instantaneously.

  • Dual History: Each resello coin tells a multi-layered story, pairing the host coin's earlier 16th or early 17th-century strike beneath the sharp, secondary 1658–1659 counterstamp punch.

  • Uncompromising Quality: Most 8 Maravedis counterstamped pieces were worn flat or corroded from decades of intense circulation. Achieving a clean, straight VF 25 grade with complete countermark details and smooth chocolate-brown surfaces is exceptionally rare—as confirmed by its unique census standing.