Tournois obol - Wenceslaus I

Wenceslaus I ruled Luxembourg for three decades as both duke and, from 1354, as the first Duke of Luxembourg following the elevation of the county to a duchy by his half-brother Emperor Charles IV. That imperial connection shaped his monetary policy directly — Luxembourg coinage of this period was heavily influenced by French petit tournois types, the obol being the half-denier fraction that filled the lowest tier of everyday commercial exchange in the region's markets and tolls.

Billon composition at this weight put these pieces at the edge of viability for silver coinage, and many examples show significant surface porosity from the casting process common in smaller Lotharingian mints of the mid-fourteenth century.