Coinage of Philip IV of France
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The coinage of Philip IV of France (1268–1314, also known as "Philippe le Bel") marks the first mass diffusion of gold coinage in the Kingdom of France (before him, only his grandfather
Saint Louis IX Louis IX (25 April 1214 – 25 August 1270), commonly known as Saint Louis or Louis the Saint, was King of France from 1226 to 1270, and the most illustrious of the Direct Capetians. He was crowned in Reims at the age of 12, following the ...
, had minted a few gold coins, the " Ecu"). Philip however had to resort extensively to monetary devaluations and reevaluations in order to finance his royal budget as well as his war efforts.


Gold coinage


Florin d'or

Philippe le Bel's golden Florin, also called "Petit Royal assis" ("Small seated Royal") was the first French gold coin to reach major circulation. It was first minted in August 1290. Its popularity was due to the fact that it was an authentic Florin, with a weight of 3.54 grams, and entirely made of pure gold (1.000 title). It was circulated without problem among the gold
Florentine Florin The Florentine florin was a gold coin struck from 1252 to 1533 with no significant change in its design or metal content standard during that time. It had 54 grains (3.499 grams, 0.113 troy ounce) of nominally pure or 'fine' gold with a purcha ...
and their imitations throughout
Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a subcontinent of Eurasia and it is located entirel ...
. At minting, the coin was attributed an account value of 10 sols tournois (half a pound).Duplessy p.104


Masse d'or

This landmark coin of Philip the Fair, called a "Masse d'or", was issued soon after the "false" double- parisis and tournois of 1295. It was minted from 10 January 1296 to August 1310. This coin was supposed to be a "Double Florin", but it was actually debased (it was a "false" Double-Florin). The weight of the coin was indeed double that of the "Petit Royal assis" (7.10g), but its title was only 22
karat The fineness of a precious metal object (coin, bar, jewelry, etc.) represents the weight of ''fine metal'' therein, in proportion to the total weight which includes alloying base metals and any impurities. Alloy metals are added to increase hardne ...
s (instead of 24 karats), a title of only 0.916. The copper alloy used actually hardened the coin, so that it was nicknamed "Royal dur" ("Hard Royal"). Its value was one "livre Parisis" (one "Parisis pound"). It represented a major devaluation, and represented an attempt by Philip IV to obtain revenues through minting. At minting, the coin was attributed an account value of 25 sols tournois (one pound parisis).


Chaise d'or

The "Chaise d'or" ("Golden throne") was a gold coin with the depiction of a large Gothic throne on which the king was seated. It was produced from August 22, 1303, and had a title of 1.000.Duplessy p.105 This coin was an authentic double Florin, with a weight of 7.10g at 24 karats. It was meant to erase the memory of the debased billon coins which had been in circulation. This coin incorporates the first elements of
Gothic architecture Gothic architecture (or pointed architecture) is an architectural style that was prevalent in Europe from the late 12th to the 16th century, during the High and Late Middle Ages, surviving into the 17th and 18th centuries in some areas. It ...
ever on a French coin. The "Chaise d'Or" was worth 50 parisis sols, that is 2.5 parisis pounds at the time of minting.


Denier d'or de la Reine

The "Denier d'or de la Reine" was another important coin of Philip IV. It was minted from 1305, and had a title of 1.000. Its account value at the time of mint is unknown.


Agnel d'or

The '' Agnel d'or'' ("golden lamb") was the last gold coin of the reign of Philip the Fair. It had a weight of 4.13g and was composed of pure 24 karats gold. Its value was one ''Livre tournois'' or 15 Parisis sols (''Sous Parisis''). Philip IV also minted a variety of silver and billon coins.


Exhibits

*
Monnaie de Paris The Monnaie de Paris (Paris Mint) is a government-owned institution responsible for producing France's coins. Founded in AD 864 with the Edict of Pistres, it is the world's oldest continuously running minting institution. In 1973, the mint reloc ...
*
Cabinet des Médailles The BnF Museum or Museum of the Bibliothèque nationale de France, formerly known as the Cabinet des Médailles, is a significant art and history museum in Paris. It displays collections of the ''Département des Monnaies, Médailles et Antiques ...


References

*Jean Duplessy. ''Les monnaies françaises royales''. Editions Maison Platt, 1999.


Notes

{{DEFAULTSORT:Coinage Of Philip 04 Of France Coins of France Philip IV of France