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Dinero 'Cornado' - Sancho IV annulete

Issuer Kingdom of Castile and Leon
Year 1286-1288
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Weight 1 g
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Obverse description Crowned bust of King Sancho IV facing right, depicted in profile with flowing hair and a prominent crown rendered in the Romanesque-Gothic style characteristic of late 13th-century Castilian coinage. The king is shown wearing a draped mantle, with fine linear engraving suggesting facial features including a beard. A small annulet appears in the field to the left of the bust, serving as the mint or die-variety distinguishing mark. The circular Latin legend surrounds the portrait, reading SANCII REX.
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Obverse lettering SANCII REX
(Translation: Sancho IV King)
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Additional information

Sancho IV's cornado issues were the product of a monetary reform undertaken almost immediately after he seized the throne from the legitimate heir Alfonso de la Cerda in 1284. The crown needed revenue, and debasing the billon coinage was a faster mechanism than taxation. The annulete variety — distinguished by a small ring in the field — is one of several workshop differentiators used across the Castilian mints operating simultaneously during this two-year window, a period when mint discipline was loose enough that die-cutting quality varied considerably between workshops.

AB#304 sits in a contested zone of the Álvarez Burgos typology where attribution between annulete subvariants occasionally depends on a single punch mark.

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