Louis VI of Chiny ruled a small county wedged between the prince-bishopric of Liège and the duchy of Luxembourg, and spent much of his reign navigating the competing pressures of both neighbors. Billon issues of this type reflect the chronic silver shortage afflicting the lower Meuse region in the early fourteenth century — the alloy's degraded fineness was a fiscal necessity, not an oversight.
Louis VI of Chiny ruled a small county wedged between the prince-bishopric of Liège and the duchy of Luxembourg, and spent much of his reign navigating the competing pressures of both neighbors. Billon issues of this type reflect the chronic silver shortage afflicting the lower Meuse region in the early fourteenth century — the alloy's degraded fineness was a fiscal necessity, not an oversight.