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Denier - Stephen III

Issuer Hungary
Year 1162-1172
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Composition Silver
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Obverse description Within a beaded inner circle, a central cross flanked by the letters A and O in the field, surmounted by three omega-shaped (Ω) crescents arranged in a row with radiating lines, and a pellet at center. The design is characteristic of the primitive hammered style of medieval Hungarian deniers, with the symbolic motifs confined within the circular border.
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Edge Plain
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Additional information

Stephen III came to power as a teenager amid dynastic civil war, his reign immediately contested by Byzantine-backed rivals — first his uncle Ladislaus II, then Stephen IV — who temporarily drove him from the throne in 1163. The Byzantines under Manuel I Komnenos were actively destabilizing the Hungarian succession throughout this decade, and the small fractional coinages of this period reflect a monarchy intermittently in crisis, minting opportunistically rather than systematically.

The H#132 attribution places this within a well-documented but sparsely represented type; surviving examples in collectible condition are scarce precisely because the political instability disrupted consistent production runs.

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