FERNANDO VII (1808-1833). 30 Sous. (Ar. 26.39g / 38mm). 1808. Mallorca. (Cal-2019-1290). Good Very Fine.
Before a special need a special currency. Generally minted for warlike causes but also in the face of epidemics or other types of catastrophes, the obsidional or emergency currency, with a crude and simple appearance, fulfills a fundamental function in times of battered economies since they come to replace the lack of money produced, either by hoarding of it or scarcity. In general, they were pieces minted under a local authority and therefore their validity was limited to a province or municipality. It was, in addition, in the case of silver coins, a coin made with material requisitioned both from individuals and from institutions such as the Church.
Automatically generated translation