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MS 3/4 AD1325 Byzantine Empire, Andronicus II & III. Gold Hyperpyron Coin.

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NGC MS 3/4 AD1325 Byzantine Empire, Andronicus II & III. Gold Hyperpyron Coin. 

Mint Place: Constantinople
Emperor: Andronicus II & III.
Mint Period: (1325-1334 AD)
Reference: Friedberg 293, Sear 2461.  
Denomination: Gold Hyperpyron Nomisma
Condition: Certified and graded by NGC as MS 3/5, 4/5!
Weight: 4.39gm 
Material: Gold!

Obverse: Christ standing facing, crowning Andronicus II and his son Andronicus III to left and right..
 
Reverse: The Virgin Mary, orans, within city walls with four towers.

In Eastern Christianity, the most widely used Christogram is a four-letter abbreviation, ΙϹ ΧϹ — a traditional abbreviation of the Greek words for "Jesus Christ" (i.e., the first and last letters of each of the words "ΙΗϹΟΥϹ ΧΡΙϹΤΟϹ, with the lunate sigma "Ϲ" common in medieval Greek), and written with titlo (diacritic) denoting scribal abbreviation (І҃С Х҃С). On icons, this Christogram may be split: "ΙϹ" on the left of the   image and "ΧϹ" on the right. It is sometimes rendered as "ΙϹ ΧϹ ΝΙΚΑ",   meaning "Jesus Christ Conquers." "ΙϹΧϹ" may also be seen inscribed on   the Ichthys. In the traditional icon of Christ Pantokrator, Christ's right hand is shown in a pose where his fingers bend and cross to form the letters ΙϹ, Χ, and Ϲ.

Andronikos II Palaiologos (Greek: Ἀνδρόνικος Βʹ Παλαιολόγος; 25 March 1259 – 13 February 1332), usually Latinized as Andronicus II Palaeologus, was Byzantine emperor from 11 December 1282 to 23 or 24 May 1328. Born Andronikos Doukas Angelos Komnenos Palaiologos (Greek: Ἀνδρόνικος Δούκας Ἄγγελος Κομνηνός Παλαιολόγος), he was the eldest surviving son of Michael VIII Palaiologos and Theodora Doukaina Vatatzina, grandniece of John III Doukas Vatatzes.

Andronikos II was born at Nicaea. He was acclaimed co-emperor in 1261, after his father Michael VIII recovered Constantinople from the Latin Empire,   but he wasn't crowned until 1272. Sole emperor from 1282, Andronikos II   immediately repudiated his father's unpopular Church union with the Papacy,   which he had been forced to support while his father was still alive,   but he was unable to resolve the related schism within the Orthodox   clergy until 1310.

Andronikos II was also plagued by economic difficulties. During his reign the value of the Byzantine hyperpyron depreciated precipitously, while the state treasury accumulated less   than one seventh the revenue (in nominal coins) that it had previously.   Seeking to increase revenue and reduce expenses, Andronikos II raised   taxes, reduced tax exemptions, and dismantled the Byzantine fleet (80   ships) in 1285, thereby making the Empire increasingly dependent on the   rival republics of Venice and Genoa.   In 1291, he hired 50–60 Genoese ships, but the Byzantine weakness   resulting from the lack of a navy became painfully apparent in the two   wars with Venice in 1296–1302 and 1306–10. Later, in 1320, he tried to resurrect the navy by constructing 20 galleys, but failed.

Andronikos II Palaiologos sought to resolve some of the problems facing the Byzantine Empire through diplomacy. After the death of his first wife Anne of Hungary, he married Yolanda (renamed Irene) of Montferrat, putting an end to the Montferrat claim to the Kingdom of Thessalonica. Andronikos II also attempted to marry off his son and co-emperor Michael IX Palaiologos to the Latin Empress Catherine I of Courtenay,   thus seeking to eliminate Western agitation for a restoration of the   Latin Empire. Another marriage alliance attempted to resolve the   potential conflict with Serbia in Macedonia, as Andronikos II married off his five-year-old daughter Simonis to King Stefan Milutin in 1298.

In spite of the resolution of problems in Europe, Andronikos II was faced with the collapse of the Byzantine frontier in Asia Minor, despite the successful, but short, governorships of Alexios Philanthropenos and John Tarchaneiotes. The successful military victories in Asia Minor by Alexios Philanthropenos and John Tarchaneiotes against the Turks were largely dependent on a considerable military   contingent of Cretan escapees, or exiles from Venetian-occupied Crete,   headed by Hortatzis, whom Michael VIII had repatriated to Byzantium through a treaty agreement with the Venetians ratified in 1277. Andronikos II had resettled those Cretans in the region of Meander   river, the southeastern Asia Minor frontier of Byzantium with the Turks.

After the failure of the co-emperor Michael IX to stem the Turkish advance in Asia Minor in 1302 and the disastrous Battle of Bapheus, the Byzantine government hired the Catalan Company of Almogavars (adventurers from Catalonia)   led by Roger de Flor to clear Byzantine Asia Minor of the enemy. In   spite of some successes, the Catalans were unable to secure lasting   gains. Being more ruthless and savage than the enemy they intended to   subdue they quarreled with Michael IX, and eventually openly turned on   their Byzantine employers after the murder of Roger de Flor in 1305,   devastating together with a party of willing Turks Thrace, Macedonia, and Thessaly on their road to Latin occupied southern Greece. There they conquered the Duchy of Athens and Thebes. The Turks continued to penetrate the Byzantine possessions, and Prusa fell in 1326. By the end of Andronikos II's reign, much of Bithynia was in the hands of the Ottoman Turks of Osman I and his son and heir Orhan. Also, Karasids conquered Mysia-region with Paleokastron after 1296, Germiyan conquered Simav in 1328, Saruhan captured Magnesia in 1313, and Aydinids captured Smyrna in 1310.

The Empire's problems were exploited by Theodore Svetoslav of Bulgaria,   who defeated Michael IX and conquered much of northeastern Thrace in c.   1305–07. The conflict ended with yet another dynastic marriage, between   Michael IX's daughter Theodora and the Bulgarian emperor. The dissolute   behavior of Michael IX's son Andronikos III Palaiologos led to a rift in the family, and after Michael IX's death in 1320, Andronikos II disowned his grandson, prompting a civil war that raged, with interruptions, until 1328. The conflict precipitated Bulgarian involvement, and Michael Asen III of Bulgaria attempted to capture Andronikos II under the guise of sending him   military support. In 1328 Andronikos III entered Constantinople in   triumph and Andronikos II was forced to abdicate.

Andronikos II died as a monk at Constantinople in 1332.