1/2 Groschen - Stephen II Type I

Stephen II ruled Moldavia through a period of near-constant dynastic conflict, sharing or contesting the throne multiple times between the 1430s and 1440s. This fractional issue belongs to his first confirmed coinage type, struck during a reign interrupted by rival claimants backed variously by Poland and Hungary. Moldavian billon coinage of this period is notoriously difficult to attribute with precision — die workmanship was inconsistent across minting sessions, and surviving pieces frequently show significant variation in flan preparation and silver content.