Obol - Louis XI (OBOLVS CIVIS; without polylobes) ND (1461) front Obol - Louis XI (OBOLVS CIVIS; without polylobes) ND (1461) back
Obol - Louis XI (OBOLVS CIVIS; without polylobes) ND (1461) photo
© Éditions V. Gadoury

Obol - Louis XI OBOLVS CIVIS; without polylobes ND

1461 year
Billon (.059 silver) 0.25 g 13 mm
Description
Issuer
France
King
Louis XI (1461-1483)
Type
Standard circulation coin
Year
1461
Value
1 Obol (1⁄480&nbspLT)
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
References
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.