1 Cornuto - Guglielmo IX Paleologo

Guglielmo IX ruled Montferrat during a period when the marquisate was caught between the competing pressures of France, Milan, and the expanding ambitions of Savoy. The cornuto denomination — named for the small horns on the helmet in the design — was a regional silver struck to compete with the heavier coinages flooding northern Italian markets from larger neighbors. Montferrat's own mint output was modest, and surviving pieces attributable specifically to Guglielmo IX's reign rather than his predecessors often require careful die study against the CNI references.