1 Cornuto - Ludovico II

Ludovico II ruled Saluzzo for nearly four decades in a near-constant diplomatic balancing act between the Duchy of Milan and the Kingdom of France, both of which exerted pressure on this small but strategically positioned Alpine marquisate. The cornuto — named for the horn-shaped billon or silver coinage tradition of the Piedmontese region — was the workhorse denomination of Saluzzo's monetary output during this period. Few Italian minor states of comparable size maintained this level of minting continuity.

CNI II references place surviving examples across two consecutive catalog entries, suggesting at least two die phases within the issue's long production window.