LOW COUNTRIES, Henegouwen (Hainaut). Margaretha van Constantinopel. 1244-1253; 1257-1280. AR Petit Gros (22mm, 2.52 g, 1h). Valencijn mint. + mOИЄTA VALЄИCЄ ИЄИSIS, knight on caparisoned horse right, holding sword / +mARGARЄTA COmITISSA/+ * SIGИVM * CRVCIS *, cross pattée; crescent in quarters. Grierson, Coins of Medieval Europe 278; Lucas 39; Chalon 19 var. (knight left); Den Duyts 273 var. (obv. legend). Toned. Good VF.
From the Richard A. Jourdan Collection of Medieval European Coins, purchased from Charles H. Wolfe, III, 1999.
While the heavier Gros Tournois of St. Louis IX was finding its place in much of European trade, the petit gros came from local wool merchants use of the sterling when dealing with their English counterparts and the need for a larger denomination.