© Éditions V. Gadoury
Obol - Louis XI OBOLVS CIVIS; without polylobes ND
1461 year| Billon (.059 silver) | 0.25 g | 13 mm |
| Issuer | France |
|---|---|
| King | Louis XI (1461-1483) |
| Type | Standard circulation coin |
| Year | 1461 |
| Value | 1 Obol (1⁄480 LT) |
| Currency | Livre tournois (1204-1795) |
| Composition | Billon (.059 silver) |
| Weight | 0.25 g |
| Diameter | 13 mm |
| Shape | Round (irregular) |
| Technique | Hammered |
| Orientation | Variable alignment ↺ |
| Demonetized | Yes |
| Updated | 2024-10-04 |
| Numista | N#418664 |
|---|---|
| Rarity index | 100% |
Reverse
Cross with P.
Script: Latin
Lettering: OBOLVS CIVIS
Interesting fact
One interesting fact about the Obol - Louis XI coin is that it was minted during a time of economic reform in France. Louis XI, who ruled from 1461 to 1483, introduced a new currency system that replaced the old system of denominations based on the silver content of the coins with a system based on the value of the coin itself. This coin, which has a value of one obol, was part of that new system and was used widely in everyday transactions. Despite its small value, the coin was made with a significant amount of silver, which reflects the efforts of Louis XI to stabilize the French economy and promote trade.