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Obol - Andrew II

Issuer Hungary
Year 1205-1235
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Value Obol (Obulus) (1/2)
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Obverse description Frontal effigy of a crowned king enthroned in majesty, holding an orb in the left hand and a scepter in the right; the throne is flanked by rosettes or pellets in the field, rendered in the flat, stylized manner characteristic of early 13th-century Hungarian hammered coinage. The figure is depicted in a rigid, hieratic pose with the crown prominently displayed above the face. No legend is present.
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Mintage ND (1205-1235)
Additional information

Andrew II's reign was defined less by monetary policy than by the catastrophic giveaway of royal assets — his so-called "new institutions" systematically transferred crown lands and revenues to the nobility, forcing repeated debasements of the coinage to compensate for lost income. The obols struck under his name reflect a treasury perpetually scrambling. His 1222 Golden Bull, extracted by barons threatening revolt, was partly a consequence of exactly this fiscal unraveling.

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