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⅔ Gold Lion - Philip the Good

Issuer Flanders, County of
Year 1454-1455
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Value ⅔ Gold Lion
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Obverse lettering PHS ⁑ DEI ⁑ G ⁑ DVX ⁑ BVRG` ⁑ CO ⁑ FLAND`
(Translation: Philip, by God`s grace Duke of Burgundy Count of Flanders)
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Reverse script Latin (uncial)
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Additional information

Philip the Good struck this fractional lion issue during a period when his Flemish mints were under pressure to produce smaller-denomination gold to facilitate trade at the great cloth fairs of Bruges and Ghent. The two-thirds denomination was an unusual concession to commercial practicality — the full lion was simply too valuable for many routine mercantile transactions.

The .958 fineness places it among the purest gold coinages of fifteenth-century northern Europe, a deliberate policy by Philip to maintain Burgundian monetary credibility against competing Rhenish and English issues flooding Flemish markets.

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