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Obol - Immobilization in the name of Louis IV

Issuer Nevers, County of
Year 1100-1150
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Orientation Variable alignment ↺
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Obverse script Latin
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Reverse description A plain cross with equal arms occupies the central field, enclosed within a beaded inner circle. The surrounding peripheral legend runs in Latin capitals along the coin's edge, with letter forms characteristic of early twelfth-century feudal minting practice. The flan is irregular and slightly uneven, consistent with hand-hammered production of the period.
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The counts of Nevers adopted the practice of "immobilizing" their coinage — freezing the design and name of a Carolingian or early Capetian predecessor rather than issuing in their own name — as a deliberate strategy to preserve the coin's acceptance in regional trade. Louis IV (d'Outremer), who reigned 936–954, lent his name to issues struck more than a century and a half after his death, a gap that underscores how thoroughly feudal minting had severed any connection between the named authority and the actual issuing power.

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