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Meia Dobra Pé Terra - Fernando I Lisboa mint

Issuer Portugal
Year 1367-1369
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Reference(s) Gomes#Fe 91
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Obverse script Latin
Obverse lettering (+FERnAnDV)S:RE X:PORTVGALI:A
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Additional information

Fernando I's brief experiment with the Pé Terra coinage — named for the "foot on ground" style borrowed from contemporary French issues — was abandoned within two years as the king's monetary policy lurched through a series of debasements driven by the financial strain of his three wars against Castile. The Meia Dobra represents half the principal gold unit of this short-lived series, struck at Lisbon during the opening phase of the First Fernandine War.

The type's extreme rarity today owes much to its rapid demonetization and recoinage as Fernando repeatedly reset his monetary system across the 1370s and 1380s.

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