2 Griffons - Philip the Handsome, Regency
Features
| Issuer |
Duchy of Brabant
(Belgian States)  |
|---|---|
| Regent |
Philip III (1482-1494)
|
| Type | Standard circulation coins |
| Year | 1487 |
| Value | 2 Griffons (8) |
| Currency | Groot (1183-1506) |
| Composition | Silver (.930) (decreased to 0.861 in 1488) |
| Weight | 3.6 g |
| Shape | Round (irregular) |
| Technique | Hammered |
| Demonetized | Yes |
| Number | N# 309540 |
| References | Gelder Hoc# 68-1 Hendrik Enno van Gelder, Marcel René Benoît Ghislain Hoc; 1960. Les Monnaies des Pays-Bas bourguignons et espagnols 1434-1713: Répertoire général. Jacques Schulman, Amsterdam, Netherlands. Robert A. Levinson; 2007. The Early Dated Coins of Europe, 1234-1500 (1st Edition). Coin & Currency Institute, Clifton, New Jersey, United States. Alphonse de Witte. Histoire monétaire des Comtes de Louvain, Ducs de Brabant et marquis du Saint Empire Romain. Veuve de Backer, Antwerpen, Belgium (3 volumes). |
Obverse
Two seated griffons, facing each other and holding up a briquet and a flint. Crown begins legend.
Script: Latin
Lettering: MO ARGT RO RG Z PhI ARDV AV BO
Unabridged legend: Moneta Argentea Romanorum Regis Et Philippus Archidux Austriae Bohemiae
Translation: Silver coinage of the King of the Romans and Philip, Archduke of Austria and Burgundy
Reverse
Shield of Austria-Burgundy over a floriate cross
Script: Latin
Lettering: SALW' FAC DNE PPLM' TVV'
Unabridged legend: Salvum Facta Domine Populum Tuum
Mints
 |
Antwerp, Belgium (600-1814) |
| Mechelen, Belgium (1346-1585) |
Comments
Coins minted in Antwerp (Witte 558) have the Antwerp mint mark (a hand) instead of the crown at 12:00 obverse
By a decree of 20 April, 1487, Maximilian tried to establish a new currency system in the Burgundian Netherlands based on the gold real (14.4 g. pure gold) and the silver real (7.0 grams 0.900 fine), with the equivalents 1 gold real = 24 silver reals; 1 silver real = 4 griffons (1.75 g., 0.88 fine) = 24 groats (1.24 g., 0.200 fine). By the time the first Brabant coins were struck in July, 1487, the values had changed to 1 silver real (7.2 g.) = 4 griffons (3.35 g. , 0.480 fine)= 16 groats (1.81 g., 0.214).
These types were produced for less than two years, and were replaced by types resembling earlier issues (groats and their fractions, patards, briquets, etc.).
According to deWitte, 616,636 coins were issued in a first emission at both mints 5 July 1487 - 3 June 1488, and an additional 1,706,018 in a second emission only at Mechelen 7 June to 19 November 1488. Despite these large mintages for the time, it is a rare type.
By a decree of 20 April, 1487, Maximilian tried to establish a new currency system in the Burgundian Netherlands based on the gold real (14.4 g. pure gold) and the silver real (7.0 grams 0.900 fine), with the equivalents 1 gold real = 24 silver reals; 1 silver real = 4 griffons (1.75 g., 0.88 fine) = 24 groats (1.24 g., 0.200 fine). By the time the first Brabant coins were struck in July, 1487, the values had changed to 1 silver real (7.2 g.) = 4 griffons (3.35 g. , 0.480 fine)= 16 groats (1.81 g., 0.214).
These types were produced for less than two years, and were replaced by types resembling earlier issues (groats and their fractions, patards, briquets, etc.).
According to deWitte, 616,636 coins were issued in a first emission at both mints 5 July 1487 - 3 June 1488, and an additional 1,706,018 in a second emission only at Mechelen 7 June to 19 November 1488. Despite these large mintages for the time, it is a rare type.
See also
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| Date | VG | F | VF | XF | AU | UNC | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Undetermined | |||||||||||||||
| 1487 | Antwerp | ||||||||||||||
| 1487 | Mechelen | ||||||||||||||
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Numista Rarity index: 94
This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.
Bullion value: USD 7.30
This value is given for information purpose only. It is based on a price of silver at 2180 USD/kg. Numista does not buy or sell coins or metal.
Actual silver weight: 0.108 oz
Current silver price: 67.80 USD/oz (see silver price 
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