Catalog
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| Issuer | France |
|---|---|
| Year | 1180-1223 |
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| Currency | Livre Parisis (987-1203) |
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| Obverse description | Central field displays the inscription FRA/NCO in two lines, with NCO in retrograde lettering, characteristic of early Capetian hammered coinage. The surrounding circular legend reads PHIL⚜IP`RE FRA/OϽN, identifying Philip as king of the Franks, introduced by a cross. The lettering is rendered in crude Gothic characters typical of 12th–13th century French feudal deniers. The coin exhibits the irregular flan and uneven strike characteristic of hand-hammered medieval billon coinage. |
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| Mintage | ND (1180-1223) - - ND (1180-1223) - ARRAT - |
| Additional information |
Philip II's monetary administration marked a decisive shift in Capetian coinage policy. Upon ascending in 1180, Philip inherited a fragmented currency system in which powerful vassals — the counts of Champagne, Flanders, and others — issued competing deniers that often eclipsed royal coin in local circulation. His systematic expansion of crown territory, particularly after the seizure of Artois following his 1180 marriage to Isabelle of Hainaut, brought Arras and its minting infrastructure directly under royal control.
The Arras attribution distinguishes this piece from Philip's Paris-struck issues. Arras had been a significant commercial center with established minting traditions predating Capetian annexation.