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Pfennig - Leopold III

Issuer Margraviate of Austria (Duchy of Austria, Austrian States)
Year 1110-1136
Type Standard circulation coin
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Obverse description Two angels facing one another flank a frontal bust held between them; beneath the angels, a stool-like architectural frame encloses two inscribed rings. The entire composition is bordered by a mirage or decorative element set between two concentric pearl circles, characteristic of Romanesque die-work of the early twelfth century.
Obverse script Latin
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Additional information

Leopold III — later canonized in 1485 and named patron saint of Austria — governed the margraviate during a period of acute tension between the imperial and papal factions, and his personal allegiance shifted critically when he refused the German crown in 1125, backing Lothar of Supplinburg instead. That political calculation helped consolidate Habsburg-adjacent dynastic ambitions in the eastern marches for generations. The bracteate-influenced fabric of Austrian pfennigs from this period reflects the broader monetary shift occurring across the German-speaking lands in the early twelfth century.

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