Spain 1787-Seg 4 maravedis
The Spanish mints feature large issues of a variety of copper coins which did not circulate at all in the Spanish American colonies. In the predecimal system which obtained until 1847, 34 maravedis = one real of silver. This four maravedis was worth 1/68 of a dollar; history does not record the reason for the odd division. This type was struck in Segovia 1772-88 and in Madrid 1770-71 and was accompanied by copper one, two and eight maravedis. The type is not rare but scarce in nice condition.
Recorded mintage: unknown.
Catalog reference: Cayón-11001, KM-407.2.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón-Jano S.L., 2005.
- Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
- Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.