Obverse. Photo © Magyar Nemzeti Bank
  • 50 000 Forint 2013, Adamo# EM259, Hungary, Gold Florins of Medieval Hungary, Gold Florin of Louis I the Great
  • 50 000 Forint 2013, Adamo# EM259, Hungary, Gold Florins of Medieval Hungary, Gold Florin of Louis I the Great
Description

The Hungarian National Bank issues a gold commemorative coin "Gold Florin of Louis I" as the second piece in the series of Medieval Hungarian gold forints.

Louis I (1326–1382), known as Louis the Great, reigned as King of Hungary and Croatia from 1342 and later became King of Poland from 1370. He inherited a centralized kingdom and a considerable treasury from his father, Charles I of Hungary. Despite being deeply influenced by his devout mother, Elizabeth of Poland, Louis embarked on campaigns to expand his territories, including crusades against the Lithuanians and restoring royal authority in Croatia. He accused his sister-in-law, Queen Joanna I of Naples, of assassinating his brother and launched unsuccessful campaigns against her, adopting the title of King of Sicily and Jerusalem but failing to gain recognition from the Holy See.

Louis ruled Hungary with absolute power but also confirmed the liberties of the nobility in 1351, introducing reforms such as an entail system and rent uniformity for peasants. He waged wars against neighboring states, expanding Hungarian influence in the Balkans and forcing concessions from the Republic of Venice. Despite his efforts to convert pagan or Orthodox subjects to Catholicism, his rule faced opposition in these regions. Louis inherited the Polish throne in 1370 and sought to secure succession rights for his daughters through the Privilege of Koszyce in 1374. Despite these efforts, his rule remained unpopular in Poland. In his final years, suffering from a skin disease, Louis became increasingly religious and supported Urban VI during the Western Schism. He is remembered in Hungarian historiography as one of the most powerful monarchs, overseeing a realm extending to three seas.

Engraver: Tamás E. Soltra

Obverse

Depicts the reverse of Louis I the Great's Gold Florin, showcasing Ladislaus I (Saint Ladislas) holding his battle-axe and orb with a halo above his crowned head with the Latin inscription "Sanctus Ladislaus Rex" (Saint Ladislaus the King), surrounded by the name of the king and the dates of his reign above, the inscription "GOLD FLORIN" below, separated on the right by the engraver's initials and on the left by a dot.

Gold coin production commenced in Hungary in 1325, initially mirroring the design of Florence's renowned gold florin featuring a fleur-de-lis. However, a deliberate transformation process began in the 1350s to establish a distinct Hungarian identity for these coins.

Louis I introduced the first gold coins, initially resembling his father's florin with a fleur-de-lis on the obverse and St. John the Baptist on the reverse. Subsequent modifications included replacing the fleur-de-lis with Hungary and Angevin arms inside a hexafoil, departing from the Florentine model. The evolution culminated with coins depicting Hungarian King Saint Ladislaus on the reverse. These coins were minted in Buda, Körmöcbánya (now Kremnica, Slovakia), and likely Kolozsvár (now Cluj-Napoca, Romania), with the privy mark "P" suggesting Buda as the primary mint in the 1360s under chamberlain Petrus Chimle. The rosettes flanking the saint likely served as emission marks.

I.LAJOS 1342-1382
SET
· SANTVS · LA P DISLAVS R ·
ARANYFORINTJA

Reverse

Depicts a shield surrounded by a decorative Gothic frame, adorned with decorative motifs of the Anjou lily in the corners and upper corner. Below the shield, in horizontal rows, the denomination, the word "FORINT," and the mintmark "BP." are displayed. Encircling the edge, a circular inscription reads "HUNGARY," with the year "2013" separated by dots on each side.

MAGYARORSZÁG
50000
FORINT
BP.
· 2013 ·

Edge

50 000 Forint

Gold Florins of Medieval Hungary
Gold Florin of Louis I the Great

Subscribe series
Adamo# EM259
Characteristics
Type Commemorative Issue (Circulating)
Material Gold
Fineness 0.986
Weight 3.491 g
Diameter 20 mm
Thickness -
Shape round
Alignment Medal
Mint
Budapest Mint (BP)

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