Florin - Pedro IV

Pedro IV of Aragon — "the Ceremonious" — introduced the Valencian florin as a direct imitation of the Florentine florin, then the dominant gold trade coin of the Mediterranean. Valencia had been granted the right to strike gold coinage in 1342, and Pedro exploited that privilege aggressively to fund near-continuous military campaigns, including the brutal War of the Union, in which he suppressed rebellions in both Valencia and Aragon simultaneously. His reign of over five decades was the longest of any medieval Aragonese king.

Cru#392 distinguishes the Valencian issue from the closely related Aragonese and Barcelonese florins of the same reign by mint and minor fabric differences.