Spain 1844-Seg 8 maravedis
This specimen was lot 28210 in Heritage sale 3019 (Chicago, April 2012), where it sold for $1,725. The catalog description noted, "Isabel II 8 Maravedis 1844 Segovia, MS66 BN NGC, a lovely coin with virtually pristine surfaces and traces of mint red in the legends. Certainly rare in this elite quality." 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. The maravedi was worth 1/34 of a real; history does not record the reason for the odd division. This type was struck in Jubia, Segovia and Barcelona 1837-50 and was accompanied by copper one, two and four maravedis. The type is not scarce and this mint is the commonest of the three.
Recorded mintage: unknown but common for the type.
Catalog reference: KM 531.3.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón9-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.
- Tucker, Warren, and Cristiano Bierrenbach, World and Ancient Coins sale 3019, Dallas: Heritage Auction Galleries, 2012.
- Krause, Chester L., and Colin R. Bruce II, Standard Catalog of World Coins: Spain, Portugal and the New World, Iola, WI: Krause Publications, 2002.