Spain 8 Maravedis Philippvs III Hispaniarvm Rex (Fakes are possible) 1605 to 1652

Currencies in old Spain were (1) maravedis in copper, (2) reales in silver, and (3) escudos in gold, each with denominations 1/2, 1, 2, 4, and 8. (BTW, modern US coinage follows this denominational pattern, 1/2 = 5 cents, 1 = 10 cents, 2 = 25 cents, 4 = 5 cents, and 8 = 1 dollar.)

The maravedis of king Philippe (Philippvs) III run from 1062 to 1620. VEry approximate values for these coins run like this (for any denomination):

MARAVEDIS
worn: $10 US dollars approximate catalog value
average circulated: $30
well preserved: $100

During the mid-1600s economic troubles caused the currencies to be de-valued and Philippvs coin were counterstamped with new dates and new denominations.

The image to the right shows a genuine counterstamped maravedis with new denomination VIII and new date 1641. Such genuine counterstamped coins are very collectible and sport values similar to the non-stamped coins.

Modern reproductions of these coins have been manufactured recently and made to look old. The image to the left shows a typical fake. These reproductions are essentially worthless; you can buy them for a few cents in novelty and gift shops.

If you are unsure if you have a genuine or counterfeit coin, consult a professional coin dealer or a knowledgeable collector.

Sadly, the example submitted by Tom is one of the fakes.
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