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| Issuer | Kingdom of France |
|---|---|
| Year | 1420 |
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| Orientation | Variable alignment ↺ |
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| Obverse description | A crowned king is depicted enthroned in majesty within a gothic cusped quatrefoil frame, facing front, holding a sceptre in his right hand and a fleur-de-lis staff in his left. The throne is flanked by two heraldic shields charged with the arms of France ancient (semé of fleurs-de-lis), set against a lozenge-diapered field. The entire composition is enclosed by a beaded inner circle, with the royal legend running in Gothic uncial characters around the outer border between two beaded rims. |
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| Obverse script | Latin (uncial) |
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| Additional information |
This coin derives directly from the Treaty of Troyes, signed May 1420, by which Charles VI — mentally incapacitated and effectively controlled by the Burgundian faction — disinherited his own son and recognized Henry V of England as heir to the French throne. The monetary provisions of that treaty required coinage struck in Charles VI's name to continue, maintaining a fiction of French royal legitimacy while English power consolidated in the north.
The dauphin, later Charles VII, struck competing issues from his own reduced territory. Two parallel royal coinages circulated simultaneously, each claiming legitimacy.