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1 Denaro "Albulo" - In name of Otto

Issuer Republic of Lucca (Lucca, Italian States)
Year 1270-1316
Type Standard circulation coin
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Obverse description Frontal crowned bust of a ruler depicted in a highly stylized, archaic manner characteristic of medieval Italian hammered coinage. The effigy is rendered with a broad, flat face and a simple crown, set within a beaded or linear inner circle. The surrounding field bears the legend in uncial Latin characters. The overall execution is crude yet consistent with Lucchese denaro production of the late thirteenth and early fourteenth centuries.
Obverse script Latin (uncial)
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Additional information

Lucca's medieval denari are unusual in that they continued to invoke the name of Otto — almost certainly Otto IV, Holy Roman Emperor — long after any practical imperial connection had lapsed, a conservative minting habit that persisted for generations purely through institutional inertia. The "Albulo" designation distinguishes this lighter billon issue within a series that saw deliberate debasement across the thirteenth century as Lucca competed commercially with Florence and Pisa and needed cheap small change in volume.

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