Andrew II's reign was consumed by baronial revolt, the disastrous Fifth Crusade of 1217–1221, and ultimately the enforced signing of the Golden Bull in 1222 — Hungary's equivalent of Magna Carta, wrested from him by the nobility he had systematically bankrupted through land grants. Currency debasement was central to his fiscal desperation; the crown farmed out minting rights to Jewish and Muslim financiers, a practice the Golden Bull explicitly prohibited. This obol survives from a monetary regime under constant political renegotiation.
Andrew II's reign was consumed by baronial revolt, the disastrous Fifth Crusade of 1217–1221, and ultimately the enforced signing of the Golden Bull in 1222 — Hungary's equivalent of Magna Carta, wrested from him by the nobility he had systematically bankrupted through land grants. Currency debasement was central to his fiscal desperation; the crown farmed out minting rights to Jewish and Muslim financiers, a practice the Golden Bull explicitly prohibited. This obol survives from a monetary regime under constant political renegotiation.