1621-1665 Spain Philip IV Gold Cob 8 Escudos NGC MS64 Investment Quality Example
1621-1665 Spain Philip IV Gold Cob 8 Escudos NGC MS64 Investment Quality Example.
PHILIPPVS IIII D G
Translation: Philip IV by the grace of God
Jerusalem cross in quatrefoil. Legend with date around.
Lettering: HISPANIARVM REX 1631
Translation: King of Spain
Mintmark of Royal Mint of Spain
Philip IV was born in the Royal Palace of Valladolid, and was the eldest son of Philip III and his wife, Margaret of Austria. In 1615, at the age of 10, Philip was married to 13-year-old Elisabeth of France. Although the relationship does not appear to have been close, some have suggested that Olivares, his key minister, later deliberately tried to keep the two apart to maintain his influence, encouraging Philip to take mistresses instead, by whom he is known to have had at least 30 progeny. Philip had ten children by Elisabeth, with only one being a son, Balthasar Charles, who died at the age of sixteen in 1646. The death of his son deeply shocked the king, who appears to have been a good father by the standards of the day. Elisabeth was able to conspire with other Spanish nobles to remove Olivares from the court in 1643, and for a brief period she held considerable influence over Philip; by the time of her death, however, she was out of favour, following manoeuvering by Olivares' successor and nephew, Luis de Haro.
At age of 44 in 1649, Philip remarried, following the deaths of both Elisabeth and his only son.