Noble - Philip the Good, 1st emission

Philip the Good's first noble for Flanders was authorized under his 1425 monetary ordinance, which aligned Flemish coinage more closely with the English noble it so deliberately echoed — a calculated move to facilitate trade with England at a moment when Burgundian commercial policy depended heavily on Flemish wool cloth exports. The emission was short-lived; Philip revised his monetary standards the following year, making this first issue one of the briefer authorizations in his otherwise long reign.

The .969 fineness is notably high even by the standards of contemporary Flemish gold.