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Obol - Andrew II

Issuer Kingdom of Hungary
Year 1205-1235
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Currency Denier (997-1310)
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Obverse description Central design featuring a stylized patriarchal double cross with splayed arms surmounting a stepped base or hill, flanked on each side by small tower-like turret motifs with crosshatched decoration. A crescent or arc device appears below the central cross composition. The overall arrangement is contained within a plain inner circle bordered by a beaded or rope-edged rim. The design is rendered in bold, schematic style typical of early thirteenth-century Hungarian hammered coinage. No legible legend is present.
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Mintage ND (1205-1235) - (fr) Poids varie de 0,3 à 0,41 g
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Andrew II's reign was defined less by monetary policy than by the chronic financial desperation that followed his disastrous Fifth Crusade participation and the ruinous land grants — the so-called "new institutions" — that gutted royal revenue through the 1210s and 1220s. To fund ongoing shortfalls, the crown leased mint operations to Jewish and Muslim financiers, a practice that drew sharp condemnation and was explicitly restricted by the Golden Bull of 1222. Small silver fractions like this obol circulated in an economy increasingly strained by that systematic alienation of crown assets.

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