Philip V 1 Maravedi
Spain
1700–1746
Reference data compiled from public catalogs
Market Price Range
Based on 6 eBay listings · Prices vary by grade and condition
Estimated Melt Value
$0.03
Based on Copper spot price ($6.07/oz) · 95.0% purity · 2.4g
Updated 7:39 PM
Collector premium not included
Specifications
| Country | Spain |
| Years Minted | 1700–1746 |
| Composition | Copper |
| Weight | 2.4 g |
| Diameter | 21 mm |
| Shape | Round |
| Edge | Plain |
Design
Obverse
Bust of Philip V facing right.
Reverse
Crowned arms of Spain.
History & Notable Facts
One of the more intriguing aspects of Philip V's 1 maravedi is that it was frequently struck on copper planchets sourced from recycled artillery shells, a wartime necessity during the early 1700s conflicts. This made for coins that were as irregular as the king's own fortunes. The obverse typically bore a simple bust of Philip V, while the reverse featured the Spanish coat of arms, all squeezed onto a piece no larger than a modern thumbnail. Mintage figures vary by year, and records for many are incomplete, likely lost in various archival mishaps over the centuries. We know these coins circulated widely in a Spain still reeling from the War of the Succession, serving as pocket change for the common folk. Counterfeits were rampant, turning every transaction into a gamble. As for humor, spotting a genuine one in a dealer's tray is like finding a straight line in a Baroque palace design.
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