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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 Within a beaded inner circle, a crowned facing head set between two concentric arcs supported by a basal arc, with two towers flanking the composition on either side. The design is executed in a crude but characteristically medieval Hungarian hammered style, with no legend present in the field.
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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 lands and revenues to his barons — a process so ruinous that it forced the 1222 Golden Bull, Hungary's answer to Magna Carta, signed under direct baronial coercion. The crown's fiscal base had been so thoroughly stripped that small silver fractions like this obol were among the few instruments the treasury could still produce in meaningful quantity.

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