Obol - Louis I

Louis I of Hungary — known as Louis the Great — spent much of his reign entangled in dynastic claims over Naples and Poland, leaving the royal treasury under sustained pressure. These fractional silver pieces were struck in the later years of his rule, after the 1370 union with Poland had added administrative complexity and new monetary obligations to the Hungarian crown. The obols of this period circulated alongside a robust gold forint economy; they existed largely to serve small transactions that the prestige coinage ignored.

The ÉH references split this type across H#549 and H#551, reflecting minor die variants rather than separate issues.