#o024# Spanish Countermarked 8 maravedis coin of Philip IV, 1636/1652 AD (New Zealand Stock) ID# 306j (UK)

ID# 306j (UK)

-Horse leaping left

- Cock standing left

-Quinquereme right

wearing wreath of grain ears

#o024# Spanish Countermarked 8 maravedis coin of Philip IV, 1636/1652 AD (New Zealand Stock) ID# 306j (UK)Welcome to cc coins Up for auction is a Spanish Countermarked 8 maravedis coin of Philip IV, 1636 1652 AD During the Spanish 80 year war, the empire suffered from an acute lack of copper due to increased demand for munitions (ie cannons). This crisis was compounded by background inflation (an ongoing concern given the influx of precious metals from the Americas since the 16th century) . In an attempt to address these issues, the government attempted