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Dinero - Sancho VI

Issuer Navarre, Kingdom of
Year 1150-1194
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Value 1 Denier (1⁄240)
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Reverse description A crescent open downward with a six-pointed star in the central field, enclosed within a plain inner circle, symbolising the Navarrese royal iconography of the period. The design is bold and schematic, consistent with 12th-century hammered Iberian coinage. The surrounding Latin legend NAVARORVM encircles the central motif, identifying the coin as belonging to the Navarrese people. The flan is irregular with typical weakness and edge irregularity characteristic of medieval hammer-struck issues.
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Mintage ND (1150-1194)
Additional information

Sancho VI, called "el Sabio" — the Wise — spent much of his reign in bitter territorial dispute with Castile and Aragon, and it was partly through his monetary policy that he asserted Navarrese independence when military options were exhausted. His billon dineros circulated across a kingdom that, uniquely among the Iberian states, never managed to reconquer significant Muslim territory, leaving Navarre economically dependent on transit trade through the Pyrenees. The low silver content of the billon reflects chronic bullion shortages that plagued landlocked northern Iberia throughout the twelfth century.

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