Denier - Louis I

Louis I came to the Hungarian throne in 1342 and spent much of the following decade consolidating Angevin power while pursuing an aggressive campaign to claim the Kingdom of Naples — a venture that consumed enormous resources and drove significant monetary policy decisions in Budapest. The deniers issued under his early reign reflect a period of relative monetary stability before his later coinage reforms began fragmenting the weight standard.

ÉH#423 is distinguished from adjacent types in the series by subtle die characteristics that numismatists have used to anchor it within the 1346–1357 window rather than the broader Louis I issue span.