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Obol - Ladislaus V Pretender to the throne

Issuer Hungary
Year 1451-1452
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Technique Hammered
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Obverse script Latin
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Reverse description A fourfold heraldic shield occupies the central field, quartering the dynastic arms of the Kingdom of Hungary: the Árpád horizontal stripes in the first and fourth quarters, the Bohemian rampant lion in the second quarter, the Moravian eagle in the third quarter, and the Austrian bend in the remaining quarter. The shield is set within a beaded inner circle, enclosed by a circular legend in Gothic letters with pellet stops. The hammered flan shows typical medieval irregularity consistent with mid-fifteenth-century Hungarian mint practice.
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Additional information

Ladislaus V — known as Ladislaus Posthumus — was born four months after the death of his father Albert II in 1440, immediately becoming the center of a dynastic struggle that fractured the Hungarian kingdom for years. While John Hunyadi held effective control as regent, Ladislaus spent much of his early life under Habsburg custody, and the coins struck in his name during 1451–52 reflect a kingdom issuing currency for a king who had not yet set foot in it as its actual ruler.

The billon content of these pieces is notably debased, a direct consequence of treasury strain during the long regency period.

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