Your coin is 8 maravedís minted if i´m not wrong between 1621-1626.
I am not a this coin collector but i can tell you about the
countermarks this. It´s from a book "Las monedas reselladas de Felipe III y Felipe IV (1603-1659)" by Joaquín Centeno Yáñez. It´s really hard to undertand writed in
spanish and i´ll try to translate to english so sorry for all my mistakes.
First Felipe III was
king between 1598 and 1621. Felipe IV was
king between 1621 and 1665.
About the evolution of the value of the bronze coinage during this time (1602-1659), you have to distinguish between the value of the "calderilla", (
billon coins minted before 1597); the
billon coins minted between 1597 and 1602 at Segovia; the bronze coins minted after at Segovia and the rest of the mints.
Till 1602 all
Billon coins
had silver and the same value, 4 and 2 maravedís whatever the
mint was.
At 1603 was the first
countermark. The
billon was doubled but only was
countermarked the “calderilla” and the
billon coins minted at Segovia between 1597 and 1602. A
new coins was created with 6,57 gr. of
weight for the 8 maravedís coin(before the
weight for the 4 maravedís coins) and 3,28 for the 4 coins. These new coin
had no silver, the old ones was
billon coins. That the reason the old coins
had doubled the value.
Almost no coin was minted since 1606 to 1621. At 1606 was forbidden the minted of bronze coinage. At 1611 and 1612 was allowed but only to pay the royal workers and only minted in Segovia. Only this
mint worked till 1617. At 1619 besides Segovia, other mints worked but without permission: Cuenca, Toledo,
Burgos and Madrid. At 1620 besides these mints you can find coin of Valladolid.
Between 1621-1626 a massive number of coins was minted like your coin. After 1626 almost no bronze coins was minted till 1660.
At 1628 the value of the all bronze coinage got down to the middle. The same value than it
had before 1602.
At 1636 another
countermark was created. This one multiplies by three the coins value at 1628. The coins
countermarked were the 2 maravedís coin to 6 and the 4 to 12. This
countermark was only for the calderilla coins and the coin minted at Segovia (1597-1602).
At 1641, the others mints coins were
countermarked, but only the 4 maravedís coins. The new value was 8 maravedís.
At 1642 the Segovia
mint coins minted after 1602 were
countermarked too. The 2 maravedís coins went to 6 and the 4 maravedís went to 12.
After, in 1642 all the 12 and 8 maravedís coins went down to 2 maravedís coins and the 6 and 4 went down to 1 maravedí.
At 1643 the “calderilla” increased their value. 4 times. So the 2 maravedís coins went to 8 and the 1 maravedí went to 4.
At November 11th 1651 the rest of the bronze coinage (all except the “calderilla” coins) was
countermarked. The 2 maravedís coins went to 8 and the1 went to 4 maravedís.
At 1652, the 1651
countermarked was forbidden, so this coinage went down to 2 and 1 maravedí again.
At least in 1658-1659 the coins value went to the double. The 2 maravedís coins went to 4 and the 1 went to 2. This
countermarked was only for the bronze coinage not for the “calderilla” which maintained their value since 1643.
I
hope somebody understand this post.
Best regards,
Ignacio.