| | |Ochavas of 2 maravedis | 68 | 67.76470 |} pure copper | 4 0 | 1 0 | +-----------+---------------------+-----------------------------+------+-----------+----------------+------------+-------------+ |Philip IV. |December 23, 1642-- | | | | | | | | | {|Cuartillos of 8-1/2 maravedis| 80 | 57.6 |} | | | | | Vellon rico {|Cuartos of 4 maravedis | 170 | 27.10588 |} 2 14-1/2 | 20 0 | 12 5 | | | {|Medios of 2 maravedis | 340 | 13.55294 |} (=.217) | | | | |October 29, 1660-- | | | | | | | | | Issue of "Molino" |Pieces of 16 maravedis | | | | | | | | | (8, 4 and 2 in proportion) | 51 | 90.35294 | 1 8 | 24 0 | 6 3 | | | | | | | (=.069) | | | +-----------+---------------------+-----------------------------+------+-----------+----------------+------------+-------------+ |Charles II.|May 22, 1680-- | | | | | | | | | (This and succeeding| | | | | | | | | issues are of pure| | | | | | | | | copper) | | | | | | | +-----------+---------------------+-----------------------------+------+-----------+----------------+------------+-------------+ APPENDIX IV THE MONETARY SYSTEM OF THE NETHERLANDS In its earliest known form the Netherlands monetary system reproduces those features of the Carlovingian system which reappear alike in Italy, France, and England. The ideal Flemish pound was divided into 20 schellingen, the schelling into 12 grooten. This was entirely an ideal system; the actual coins being, at first, the silver denarius, divided into obols. This ideal system of pounds, schellings, and groots survived in Flanders and the Southern Netherlands (now the kingdom of Belgium) long after it had been superseded in the Northern Provinces (the United Netherlands) by another equally ideal system, that of the gulden and stiver.