Pfennig - Leopold III

Leopold III — later canonized in 1485 and adopted as patron saint of Austria — ruled during a period when the Babenberg margraves were aggressively asserting regional authority against both imperial and ecclesiastical rivals. His pfennigs circulated across a territory in active political consolidation, and the thin, broad fabric of these bracteate-adjacent denars is characteristic of Alpine minting practice in the early twelfth century, where silver was hammered to maximize diameter at the expense of depth. CNA B6 distinguishes this type within a series where attribution to specific Babenberg rulers long remained contested among German numismatists.