Obole - Emmanuel-Philibert 1er type

Emmanuel-Philibert recovered his duchy from French occupation only after the Treaty of Cateau-Cambrésis in 1559, having spent years commanding Spanish forces under Philip II in lieu of ruling a territory he barely controlled. The billon small change issued across his reign reflects his broader monetary reform program — he systematically rebuilt Savoyard coinage infrastructure after decades of foreign administration had fragmented it.

The duke shifted his primary mint operations to Chambéry and later Aosta, a deliberate administrative reorientation as he consolidated ducal authority away from foreign-influenced centers.