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Poltura

The poltura is a historic Hungarian monetary unit that was struck under the Hungarian rulers Leopold I, Joseph I, Francis II Rákóczi, Charles III and Maria Theresa. Its forerunner was the Polish półtorak, a coin equal to one and one-half grosz (półtora means one and a half in Polish).

After 1526 (see Battle of Mohács) Poland gained a greater role in the reorganized economy and foreign trade of Hungary. As a result an increasing number of Polish small coins flew into the country. In Royal Hungary, Leopold I was the first who struck silver poltura on the influence of the Polish poltorak. The value of the coin was equal to ½ Groschen (Hungarian: garas) or 1½ Kreuzer (krajczár). Although even Charles III made preparations to mint poltura of copper (evidenced by trial strikes), finally it was Maria Theresa who ordered minting of copper poltura coins by the imperial patent of 27 March 1761. Joseph II, her successor did not mint polturas any more.

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