Karolus du Dauphiné - Charles VIII dit 'l'Affable'

Charles VIII inherited the throne at thirteen, leaving effective control of France to his sister Anne de Beaujeu during the regency years — a period marked by the failed Guerre Folle rebellion of the great lords, who resented being governed by a woman. Billon issues like this one circulated through that turbulent decade before Charles asserted personal rule and launched his catastrophic Italian campaign of 1494.

The Dauphiné attribution is administratively significant: the province retained distinct minting privileges long after its annexation to the French crown in 1349.