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Obol - Maximilian I

Issuer Hungary
Year 1565-1576
Type Standard circulation coin
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Obverse description Composite shield displaying the quartered royal arms of Hungary-Bohemia in four curved segments: the Árpád dynastic horizontal stripes of Hungary, the Hungarian patriarchal double cross on a mount, the Dalmatian leopard heads, and the Bohemian lion rampant. An inescutcheon of Austria — the plain fess — is superimposed at the center of the quartered shield. The design occupies the full field of this small hammered flan with no surrounding legend.
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Reverse description The Virgin Mary (Madonna) depicted seated facing, nimbed and crowned, rendered in a hieratic frontal pose characteristic of late medieval Hungarian coinage. The mint mark letters flank the figure to left and right, dividing the field. No peripheral legend is present, the composition being confined entirely to the central device on the irregular hammered flan.
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Additional information

Maximilian I of Hungary was simultaneously Holy Roman Emperor Maximilian II — the Hungarian and imperial numbering differed, a persistent source of confusion in catalog references. His reign over Hungary coincided with the prolonged Ottoman occupation of the central third of the kingdom, leaving Royal Hungary as a narrow western strip administered largely from Pressburg. The obols of this period were struck at Kremnitz, one of the few major mints still under Habsburg control.

At 0.29 g, these were the smallest silver denomination in regular circulation, used for daily transactions in a kingdom under sustained military and fiscal strain.

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