BURGUNDY · THE LOW COUNTRIES · MEDIEVAL COINAGE
Uncovering the Stories Behind the Coins of Burgundy
The rise of the House of Valois Burgundy is one of the most spectacular chapters in European history.
In just over a century, a succession of ambitious dukes transformed a modest French fiefdom into a
sprawling, wealthy empire that rivalled the greatest kingdoms of the era. Their story is a thrilling
saga of tactical marriages, bloody rivalries, and sweeping economic reforms that laid the foundations
for the modern Low Countries. But this grand political drama wasn’t just written in blood and
treaties; it was stamped directly into the gold and silver coinage of the realm.
For collectors and historians alike, medieval Burgundian coins serve as tangible witnesses to this
volatile age. Each piece acts as a dynamic propaganda tool, projecting a ruler’s shifting titles,
territorial expansions, and dynastic ambitions straight into the hands of their subjects. By learning
how to read the complex heraldry, hidden mint marks, and shifting weights of these fascinating issues,
you gain a unique window into the minds of the rulers who shaped the destiny of Europe. Explore the
individual stories below to discover the history behind the coins.
Burgundy Was More Than One Territory
The Duchy of Burgundy lay in eastern France, separate from the dukes’ possessions in the Low
Countries. Flanders, Brabant, Hainaut and Holland were among the territories they brought together.
These lands shared a ruler, but kept their own rights and institutions. Their coins often preserve
those local differences.
Philip married Margaret of Flanders in 1369. When her father died in 1384, her inheritance
brought Flanders and Artois into the Burgundian family’s hands. The wealthy northern
territories of Margaret’s inheritance lay far from the Duchy of Burgundy, separated by
lands under other rulers. This distance would shape the ambitions of their successors, who
gradually expanded their possessions between the two regions. Charles the Bold would later
pursue the goal of joining them into a continuous territory.
View the larger map
By Charles’s reign, successive generations had brought the northern and southern Burgundian
lands increasingly close together. The northern possessions included Brabant, Holland, Zeeland,
Hainaut, Namur and Luxembourg. Guelders was added in 1473. The map also shows temporary
occupations, pledged lands and areas of influence alongside established possessions.
Charles’s death in 1477 brought this expansion to an abrupt end, followed by the loss of
much of what he had gained.
View the larger map
The Burgundian Family: Marriage, Inheritance and Power
Behind the changing territories and titles on Burgundian coins stood a family whose marriages helped
shape the map of Europe. Margaret of Flanders brought a major inheritance to Philip the Bold, while
their descendants continued to expand the dynasty’s possessions. Generations later, Mary of
Burgundy’s marriage to Maximilian of Austria carried this inheritance into the House of Habsburg.
Read from top to bottom. Each pair are the parents of the ruler in the next row. Dates beneath the
rulers’ names are their lifespans, not their reigns. This simplified family tree follows the
direct line featured on this page; other children and marriages are omitted.
-
Philip the Bold
1342 – 1404
Duke of Burgundy
Married to
Margaret of Flanders
Her inheritance brought Flanders and Artois into the Burgundian family in 1384.
-
John the Fearless
1371 – 1419
Son of Philip and Margaret
Married to
Margaret of Bavaria
Mother of Philip the Good.
-
Philip the Good
1396 – 1467
Son of John and Margaret
Married to
Isabella of Portugal
His third wife and the mother of Charles the Bold.
-
Charles the Bold
1433 – 1477
Son of Philip and Isabella
Married to
Isabella of Bourbon
His second wife and the mother of Mary of Burgundy.
-
Mary of Burgundy
1457 – 1482
Daughter and heiress of Charles
Married to
Maximilian of Austria
Their marriage in 1477 linked the Burgundian inheritance to the House of Habsburg.
-
Philip the Handsome
1478 – 1506
Son of Mary and Maximilian
Married to
Joanna of Castile
Their marriage linked the Burgundian and Habsburg dynasties to the Spanish royal houses.
-
Charles V
1500 – 1558 · Son of Philip and Joanna
The next generation: heir to the Burgundian lands, King of Spain and Holy Roman Emperor.
The family line continued, but the Burgundian inheritance had changed. After Charles the Bold’s
death, the French Crown took the Duchy of Burgundy, while Mary and her descendants retained much of
the northern territories. Through her marriage to Maximilian, these lands passed into the Habsburg
dynasty.
The rulers and coins explored below take the story from Philip the Bold to Philip the Handsome, who
inherited through his mother, Mary. Charles V appears in the family tree as the next generation,
carrying the Burgundian legacy into a much wider European Empire.
Further reading:
The Metropolitan Museum of Art
·
Maximilian and Mary
·
Charles V and his inheritance.
Dates below describe each ruler’s position or government. Individual coins may belong to a shorter
issue period. Archived examples illustrate the history and are not necessarily available for purchase.
Flemish botdrager struck under Philip the Bold. Obverse and reverse; photographs from the
NumisAntica archive.
Marriage That Forged an Empire
When Philip the Bold, a son of King John II of France, received the Duchy of Burgundy in 1363,
no one could have predicted how far his shadow would fall. His masterstroke came six years later
with his marriage to Margaret of Flanders. When his father-in-law died in 1384, Margaret’s
immense inheritance brought Artois and the fabulously wealthy Flemish trading towns directly into
the Burgundian family’s hands. This single union laid the foundational stone for the Valois
dukes’ dramatic expansion into the Low Countries, creating a powerful new regional force
out of thin air.
The Lion and the Diverse Money of the Realm
Ruling this new territory was a chaotic balancing act, as Philip’s possessions did not form
a single, unified country. Every province clung fiercely to its own unique customs, legal
privileges, and local currency. In Flanders, this led to the striking of the iconic silver
botdrager. The coin earned its popular nickname from the massive heraldic helmet worn by
the lion on its original design, though later issues placed a majestic mantle over the beast.
For the countless citizens who could not read the Latin inscriptions circling the edge, this
proud Flemish lion served as an instantly recognisable emblem of local identity and fiscal
authority.
Grand blanc of John the Fearless, issued in Burgundy. Obverse and reverse; NumisAntica archive
photographs.
Violent Rivalry at the French Court
When John inherited his father's vast Burgundian and Flemish lands in 1404, he stepped straight
into a political hurricane. France was deeply fractured by the Hundred Years’ War, and John
aggressively fought for control over the French royal court. This bitter rivalry turned bloody
in 1407, when he ordered the assassination of his main competitor, Louis, Duke of Orléans.
But live by the sword, die by the sword: twelve years later, John met the exact same fate when he
was cut down on the bridge at Montereau during a tense meeting with the young Dauphin, Charles,
the future King Charles VII of France.
Reading the Disrupted Coinage
This chaotic rule is mirrored in the coinage of the time. The silver grand blanc
pictured here wasn’t minted in his wealthy Flemish territories, but in the heart of
Burgundy itself. Even though John ruled both regions, they maintained completely separate
monetary systems. For collectors, this is where the fun begins: by looking closely at the
specific regional titles and subtle design variations, you can pinpoint exactly which side of
his fractured territory a specific coin came from.
Flemish vierlander of Philip the Good. This silver denomination was part of his common coinage
for four territories.
The Architect of the Burgundian Netherlands
Philip the Good was the true force behind the unification of the Low Countries. Through a
masterclass in political manoeuvring, strategic inheritance, and outright purchase, he
systematically absorbed wealthy provinces like Brabant, Limburg, Hainaut, Holland, and Zeeland
under a single crown. Under his long and stable rule, his glittering court quickly became
Europe’s epicentre of artistic patronage and cultural prestige, forever transforming the
region into a major centre of trade and culture.
Chivalry and Power: The Order of the Golden Fleece
To bind the fiercely independent high nobility to his grand dynastic vision, Philip founded the
legendary Order of the Golden Fleece in 1430. This elite chivalric order wasn’t just a tool
for courtly prestige; its striking insignia became a powerful symbol of Burgundian power. The
order’s influence was so deeply woven into the fabric of the state that its symbols were
struck directly into the gold and silver coinage, projecting the duke’s authority into the
hands of merchants across the Burgundian territories.
Philip the Good & The Vierlander Silver Coin
Before Philip’s rule, merchants faced a financial nightmare of varying regional
currencies. Philip tackled this economic chaos head-on with his sweeping monetary reforms of
1433 to 1434, introducing a unified silver denomination shared across Flanders, Brabant, Hainaut,
and Holland. This groundbreaking double groot became widely known as the vierlander.
While these silver coins shared identical standards to make trade effortless, look closely and
you will find tiny, deliberate variations in the Latin inscriptions. These subtle mint marks
allowed individual provinces to proudly stamp their local identity onto a shared imperial
currency.
Charles the Bold: silver double stuiver, Leuven, 1468 to 1474. Undated.
Bold Ambition, Meeting a Battlefield Fate
Charles the Bold was driven by a fierce, uncompromising ambition to transform the Burgundian
lands into a fully independent kingdom. Yet, his aggressive military campaigns ultimately led
to his spectacular undoing. In 1477, his dreams ended abruptly at the frozen Battle of Nancy,
where he lost both the fight and his life, leaving no male heir. His sudden death threw the
empire into a massive succession crisis. While the French crown immediately seized the ancestral
Duchy of Burgundy, Charles’s daughter Mary fought tooth and nail to protect the
Netherlandish territories, forever altering European history by marrying into the powerful
Habsburg dynasty.
Decoding the Double Stuiver of Leuven
The money struck during Charles’s tumultuous decade on the throne serves as a striking
political statement. A prime example is his silver double stuiver, minted in the Brabant town of
Leuven between 1468 and 1474. You won’t find a stamped year on this piece; instead,
numismatists date it through surviving medieval minting records. The coin’s intricate
layout is a lesson in heraldry. One side proudly displays the quartered Burgundian shield,
packed with regional symbols, while the other features an elegant floriated cross centred around
a tiny, defiant lion, a compact testament to a duke who wore his grand titles with pride.
Mary of Burgundy: double briquet struck at Bruges in 1478. Obverse and reverse; NumisAntica
archive photographs.
A Courageous Duchess Against the French Crown
At just nineteen years old, Mary of Burgundy inherited an empire on the brink of collapse.
Following her father’s sudden death on the battlefield, the French king immediately moved
to seize her lands, while wealthy Netherlandish towns revolted to demand their old liberties
back. Trapped between a foreign invasion and domestic unrest, Mary showed incredible political
savvy. She signed the Great Privilege, restoring crucial rights to her subjects in exchange for
their loyalty. Her strategic marriage to Maximilian of Austria in that same chaotic year
successfully kept the French at bay, forever tying the wealthy Burgundian lands to the powerful
House of Habsburg.
Mary of Burgundy & The Fire Steel on the Briquet
Mary’s short and turbulent reign is beautifully captured in the silver coins struck under
her authority, such as the double briquet minted in Bruges in 1478. The coin takes its
intriguing name from the prominent fire steel, an iron tool used with flint to strike sparks,
displayed on its surface. This fire steel wasn’t just a random decorative choice; it was
the ultimate dynastic emblem of the Burgundian dukes, also famously featured in the collar of
the prestigious Order of the Golden Fleece. Once you recognise its unique, looping shape on the
briquet, you will easily spot this powerful symbol of resilience across many other regional
issues of the era.
St Philip gold gulden of Philip the Handsome, Dordrecht, 1499 to 1506. Obverse and reverse;
NumisAntica archive photographs.
From a Tragic Regency to the Spanish Throne
The life of Philip the Handsome was defined by a tragic beginning and a breathtaking geopolitical
expansion. Just four years old when his mother, Mary of Burgundy, died after a tragic horse-riding
accident, Philip was thrust into the centre of a volatile regency under his father, Maximilian of
Austria. Yet, his true date with history came through his marriage to Joanna of Castile, later
known as Joanna the Mad. This legendary union dramatically shifted the scales of European power,
opening the door for the Burgundian and Habsburg dynasty to inherit the entire Spanish Empire.
Philip’s sudden death in 1506 cut his reign short, but the political bridge he built paved
the way for his son, Charles V, to rule over an Empire where the sun never set.
The Imperial St. Philip Gulden
This ultimate transition from a regional duchy to a global empire is beautifully captured in
Philip’s late coinage, such as the gold St. Philip gulden minted in Dordrecht
between 1499 and 1506. The coin marks a fascinating evolution in design: while the reverse still
displays the traditional quartered shield of Burgundy, it is now surmounted by the majestic
eagle of the Holy Roman Empire. The obverse features Saint Philip holding his iconic cross, a
proud heraldic statement that perfectly mirrors a young ruler standing at the crossroads of
medieval tradition and a massive global future.
A Collector’s Checklist: Decoding a Burgundian Coin
Names and Titles
The Latin legends circling the edge are the ruler’s political business card. Look closely for
abbreviations like DVX (Duke) and COMES (Count). By reading the sequence of
territories listed, such as Burgundy (BVRG), Flanders (FLAD), or Brabant
(BRAB), you can chart the exact geopolitical reach of the dynasty at the moment that
specific coin was struck.
Shields and Heraldry
In an age when most citizens couldn’t read, heraldic symbols did the talking. The quartered
Burgundian shield is packed with meaning, blending royal French lilies with the proud lions of
Flanders, Brabant, or Limburg. Spotting these individual elements tells you instantly which
regional identities the duke was trying to appease or dominate.
The Mystery of Dates
Do not expect to find a clear four-digit year on most of these pieces; absolute dating was rare in
the medieval era. Instead, numismatists rely on changing mint marks (like a hand for Antwerp or a
lily for Bruges), subtle adjustments in weight, or the evolution of the ruler’s titles to
place the coin accurately on the timeline.
The Individual Piece
Beyond the official design, look for the unique history left by the people who actually handled the
money. Scratches, uneven hand striking, and clipping (where precious metal was shaved off the
edges) tell a vivid story of medieval commerce, survival, and the daily reality of a turbulent cash
economy.
Continue Exploring
If you would like to see more examples, our dedicated collection brings together the coins of the
Burgundian Netherlands currently available. The selection changes as pieces are added or sold. The
photographs on this history page remain examples to study, whether or not the individual coin is still
available.
For the History: Stoute Schoenen
If the stories of these rulers have caught your imagination, we warmly recommend
Stoute Schoenen, the website accompanying Bart Van Loo’s book. It takes the
Burgundian story beyond the dates and family trees, exploring the towns, castles, artworks and
places where that history can still be found. A lovely way to continue reading, or to find
inspiration for a journey of your own. Available in Dutch and French.
For the Coins: Hugo Vanhoudt
For readers who would like to study the coins themselves, we particularly recommend Hugo
Vanhoudt’s illustrated PDF overview of his catalogue. It is a useful companion for comparing
coin types, mints and catalogue references. The catalogue begins with the monetary reform of
1434, making it especially relevant to the issues of Philip the Good, Charles the Bold, Mary of
Burgundy and Philip the Handsome shown here. Its wider scope extends to 1830. The PDF is an
overview, rather than the complete book.
Sources and Further Reading
Written and illustrated by NumisAntica. Historical context and coin terminology checked against
museum collections, archival information and numismatic references. All coin photographs on this page
are from NumisAntica.