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Denier - Stephen III

Issuer Hungary
Year 1162-1172
Type Standard circulation coin
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Obverse description Central field features a horizontal bar dividing the design, with decorative finials or rim marks at each end. Above the bar, a cross flanked by a reversed S and a crescent; the lower half of the design mirrors the upper arrangement. The entire central motif is enclosed within a raised inner circle, with small pellets visible in the field to either side of the cross. The coin exhibits the irregular flan typical of medieval Hungarian hammered coinage.
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Mintage ND (1162-1172) - -
ND (1162-1172) - bronze strike -
Additional information

Stephen III came to power as a teenager in 1162, immediately contested by Byzantine-backed rivals — his uncles Ladislaus II and Stephen IV were each installed by Manuel I Komnenos in turn, forcing Stephen III to fight for his own throne across the first years of his reign. Hungarian royal coinage of this period is consequently difficult to sequence precisely, as multiple claimants struck silver simultaneously from competing mints with overlapping types.

The extreme thinness of this issue — a bracteate-adjacent fabric that barely qualifies as a full flan — reflects the progressive debasement and weight reduction that had overtaken Árpád-era coinage since the mid-eleventh century.

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