Denier - Stephen II

Stephen II inherited the throne as a child following the death of his father Kálmán, and his reign was defined by near-constant warfare — against Byzantium, Bohemia, and domestic pretenders simultaneously. Coinage from this period reflects the administrative strain: the Hungarian denier progressively degraded in silver content across the first half of the twelfth century, and issues attributed to Stephen II are among the earliest examples of that decline.

The multiple catalog references here — ÉH, Huszár, EK, and CAC all weighing in — reflect genuine scholarly disagreement about die attribution and reign dating that has never been fully resolved.