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Huszár 853, Pohl 258-33, Unger 677b, Réthy II 313, dated 1524
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Hungary. Louis II (Lajos II in Hun.) (1516-1526). AR denar, .53 g, 14.50 mm. max., 180°
Obv: Four-part shield with Hungarian arms (Árpádian stripes, patriarchal cross, Dalmatian leopard heads, Bohemian lion), Polish eagle in escutcheon, 1 with pellets above and below to left, [• 52] • above, and 4 with pellets above and below to right.
Rev: Crowned Madonna with infant Jesus to her right, L–R/N (privy mark) in fields.
The type was struck 1524-1525 (per Huszár & Unger). Pohl classifies this type as a mintmark variety of Huszár 846, Unger 675, Réthy II 308A. That type was an inflationary currency that was referred to by contemporaries as “moneta nova.” On average, 400 denars, each weighing 0.49 g., were struck from an Ofner mark of silver with a fineness of 0,250 (per Huszár). They were officially valued at ½ a denar, but the public did not accept them at this overvalued rate (per Huszár & Pohl). This privy mark was struck in Nagybánya (now Baia Mare, Romania) (per Pohl).
Huszár rarity rating 6.
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