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Home > Members' Coin Collection Galleries > Stkp > HUNGARY: Sigismund of Luxembourg (1387-1437) and Albert (1437-1439)
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Huszár 576, Pohl 117-34, Unger 449χ, Réthy II 121, Frynas H.27.4
Hungary. Zsigmond/Sigismund of Luxembourg (1387-1437; Holy Roman Emperor 1433-1437).

AR denar, .51 g., 13.66 mm. max., 180°

Obv: mOn • SIG-ISmVnDI, Patriarchal cross.

Rev: + REGIS • VnGARIE • ETC, Four-part shield (Árpádian stripes and Brandenburg eagle), O above.

The type was struck in 1390-1427 (per Pohl, Huszár, Unger and Frynas). This mintmark was struck in Offenbánya/now Baia de Arieş, Romania (per Pohl).

Huszár/Pohl rarity rating 4; Unger value 8 DM; Frynas rarity rating C.

This emission was struck with a fineness of 0.582 silver and an average weight of 0.51 g. (per Huszár). However, Engel notes that in 1390 Sigismund was able to temporarily restore the stability of the denar by the issuance of this new emission, which was referred to as nova moneta. For thirteen years the value of the denar remained stable, and 100 were the equivalent of the aranyforint. In 1403 debasement occurred, and 130 were the equivalent of the aranyforint. The debasements continued, so that by 1406 the price of an aranyforint was 160 denars, it was 200 in 1421, 225 in 1423 and 320 in 1426.
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