Isaac II Angelos was deposed, blinded, and imprisoned by his own brother Alexios III in 1195. The Bulgarian imitations of his trachy coinage began circulating shortly after, issued under Kaloyan — a ruler who had spent years extracting diplomatic recognition from Rome and Constantinople simultaneously. That these coins mimic Byzantine types so closely was deliberate: Bulgaria lacked the monetary infrastructure to assert a wholly independent numismatic identity, and Byzantine-style currency carried transactional legitimacy across the Balkans that purely Bulgarian issues would not.
Radoměrský's 1953 identification of this type remains the foundational reference; Bulgarian imitative trachea from this narrow window are genuinely scarce in Western collections.
Isaac II Angelos was deposed, blinded, and imprisoned by his own brother Alexios III in 1195. The Bulgarian imitations of his trachy coinage began circulating shortly after, issued under Kaloyan — a ruler who had spent years extracting diplomatic recognition from Rome and Constantinople simultaneously. That these coins mimic Byzantine types so closely was deliberate: Bulgaria lacked the monetary infrastructure to assert a wholly independent numismatic identity, and Byzantine-style currency carried transactional legitimacy across the Balkans that purely Bulgarian issues would not.
Radoměrský's 1953 identification of this type remains the foundational reference; Bulgarian imitative trachea from this narrow window are genuinely scarce in Western collections.