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Ducat 'Hungarian Type'

Issuer Guelders, Duchy of
Year 1591
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Currency Gulden (1506-1581)
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Obverse description Enthroned Madonna facing, crowned and nimbed, holding the Christ Child on her left knee within a beaded inner circle. The Christ Child is depicted in three-quarter view, raising one hand in blessing. The composition follows the Hungarian-type ducat tradition derived from the Angevin florin prototype. The surrounding Latin legend reads MO AV DV GEL VAL VNGARIE, separated by dots, running clockwise between the beaded border and the coin's irregular hammered rim.
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Reverse description Full-length armored figure of a crowned knight standing facing, clad in plate armor, holding a long scepter or lance in the right hand and an orb or globus cruciger in the left hand, with a small shield bearing the Guelders lion at his feet. The figure stands on a plain ground line within a beaded inner circle. The surrounding Latin legend CONFID DN NO MOVETVR, a devotional inscription meaning 'Trust in the Lord, he shall not be moved,' runs between the beaded border and the irregular hammered rim.
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Additional information

Guelders struck Hungarian-type ducats as a deliberate monetary strategy — the Hungarian ducat had become the dominant trade gold coin across central and northern Europe, and smaller polities found it commercially necessary to produce compatible coinage rather than assert an independent standard. The duchy had lost its political independence to the Habsburgs in 1543 following the Treaty of Venlo, which makes issues from the later sixteenth century administratively interesting: struck under Habsburg suzerainty but maintaining the older ducal title on the coin itself.

By 1591, Guelders mint output in gold was already in steep decline. Surviving examples in any condition are genuinely scarce.

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