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1 Kreuzer - Charles III

Issuer Hungary
Year 1714
Type Standard circulation coin
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Obverse script Latin
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Reverse description A radiant, crowned and glorified Madonna in mandorla, seated upon a crescent moon, holding the Christ Child on her left arm and a sceptre in her right hand; the sceptre breaks into the inner pearl circle. A crowned twofold Hungarian shield is positioned in the lower field. The mint mark N·B is divided symmetrically at centre, with the date 17-14 split by the crown above the shield. The peripheral legend is separated by pellet stops.
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Additional information

Charles III of Hungary — the Habsburg emperor known elsewhere as Charles VI — issued this kreuzer in the years following the Peace of Szatmár (1711), which ended the Rákóczi uprising and restored Habsburg authority over the kingdom. The settlement required Charles to reaffirm the Hungarian constitution and the rights of the nobility, a political compromise that shaped the fiscal and minting framework under which this coin was produced.

Hungarian silver issues of this period drew on ore from the rich mining operations centered at Körmöcbánya, the principal mint responsible for kreuzer coinage in the region.

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