Pfennig - Leopold III

Leopold III — later canonized in 1485 and adopted as patron saint of Austria — ruled the margraviate during a period of acute tension between the imperial and papal factions. His careful navigation of the Investiture Controversy, ultimately backing the compromise reached at the Concordat of Worms in 1122, gave Austria a political stability unusual for the region at that moment. Coins struck under his authority in this decade reflect a mint operating with some consistency rather than wartime disruption.

The CNA B2a classification places this among the earliest systematically catalogued Austrian bracteate-influenced pfennigs.