Obol - Louis II ND (1516-1526) front Obol - Louis II ND (1516-1526) back
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Obol - Louis II ND

 
Silver - -
Description
Issuer
Hungary
King
Louis II (II. Lajos) (1516-1526)
Type
Standard circulation coin
Years
1516-1526
Value
1 Obol (Obulus) (1⁄192)
Currency
Florin (1310-1540)
Composition
Silver
Shape
Round
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#105143
Rarity index
97%

Reverse

Veiled Madonna bust with child on her left arm, no year, no mintmark

Edge

Plain

Interesting fact

The Obol coin of Louis II of Hungary, made of silver, is interesting because it was used as a means of payment during a time of economic change in Hungary. The coin was introduced during Louis' reign (1516-1526) as a replacement for the older denomination of 15th century Hungarian coins, and it was valued at 1/60 of a Hungarian forint. This coin's introduction marked a shift towards a more standardized and centralized monetary system in Hungary, which was an important step in the country's economic development.