Pfennig - Leopold VI Graz

Leopold VI ruled Styria alongside his Austrian duchy from 1194 until his death in 1230, making him one of the most powerful Babenberg princes — his court at Vienna attracted troubadours and poets, but his mints at Graz were producing functional bracteate-style pfennigs for a regional economy built on trade routes connecting the Alpine passes to the Hungarian plain. The Graz issues of this period are distinguishable within the CNA typology from contemporaneous Vienna and Krems strikes, reflecting genuine administrative decentralization across Babenberg-controlled mints.