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1/2 Gros - Elisabeth of Görlitz widow of John of Bavaria
| Issuer | Luxembourg |
|---|---|
| Year | 1433-1443 |
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| Value | Log in to see details |
| Currency | Florin (1353-1713) |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | ELISAB` DVC BAV`✿ LVC (Translation: Elisabeth of Görlitz, duchess in Bavaria and Luxembourg) |
| Reverse description | A bold long cross with foliate, triple-veined branches extends to the legend, quartering the field and enclosed within a double-veined quadrilobe whose cusps are embellished with outward-angled leaves and rosettes set at re-entrant angles. The entire composition is contained between two concentric pearled circles, with the Latin monetary legend in uncial script filling the annular space between them. |
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| Additional information |
Elisabeth of Görlitz held Luxembourg in pledge from the Emperor Sigismund beginning in 1415, and after her husband John of Bavaria died in 1425 she governed the territory as a widow-pledgee — a legally ambiguous position that gave her the right to strike coin while technically owning nothing outright. Sigismund repeatedly failed to raise the 120,000 florins needed to redeem the pledge, and so Elisabeth's coinage continued well past his death in 1437, issuing under successive imperial regimes that were equally cash-poor.
The territory passed to Philip the Good of Burgundy in 1443 when Elisabeth finally sold the pledge rights she had never been able to convert into title.