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Denier - Stephen III

Issuer Hungary
Year 1162-1172
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Reference(s) H#115, CAC II#19.5.1.4, EK I#14/6
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Reverse description A horizontal bar terminates at each end in a cross, dividing the field into upper and lower registers. Two crosses are positioned along or near the bar, each accompanied by a pair of pellets above and below. The overall design is strictly geometric and aniconographic, consistent with the anonymous hammered coinage of medieval Hungary under Stephen III.
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Edge Plain
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Additional information

Stephen III came to power as a teenager in 1162 and spent much of his reign defending his throne against rival claimants backed by the Byzantine emperor Manuel I Komnenos, who twice installed Hungarian counter-kings — first Ladislaus II, then Stephen IV — forcing Stephen III into exile before he could consolidate control. The political instability of these years almost certainly disrupted minting continuity, and the thin fabric of this denier reflects broader trends in Hungarian silver coinage moving toward increasingly reduced flans through the twelfth century.

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