Denier - Leopold VI Vienna

Leopold VI ruled Austria and Styria simultaneously from 1194, accumulating enough political weight to extract significant concessions from both the papacy and various crusading factions — he personally participated in the Fifth Crusade and the Albigensian Crusade. His Vienna mint operated under that pressure of constant military financing, producing bracteate-influenced deniers in large enough volume to serve trade across the Danube corridor. The CNA B 123 attribution places this piece within a well-documented but internally varied sequence; minor die differences within the type are common and rarely affect valuation.