Medieval Spain (Aragon) Obolo and Dinero of James I 1213 to 1276

Aragon is a large region of Northeast Spain. If you squint, cross your eyes, and (more importantly) know what you are looking for, you can make out ARA on the right side of the king's portrait and GON on the left. Our many thanks to THCoins at World of Coins who identified this piece for us.

The king himself is James I (with several spellings including Jaime, Chaime, Jacme, and Jaume), who reigned in Aragon from 1213 to 1276AD.

There are two denominations with essentially the same pattern:

OBOLO: about one-half gram
DINERO: about one gram

The obolo is somewhat more rare than the dinero:

OBOLO
worn: $30 US dollars approximate catalog value
average circulated: $60
well preserved: $150

DINERO
worn: $10 US dollars approximate catalog value
average circulated: $30
well preserved: $90

The dinero in our photo is in well preserved condition. It would sell for about $80 US dollars to a collector and about $40 to a coin dealer. If it were an obolo, the values would double.
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Coin: 20659, Genre: Colonizers and Colonies, Timeline: Early/Medieval
Created (yyyymm): 201601, Last review: 201601
Appearance: Unusual or irregular shape Metallic gray Letters: Latin
Years: sort: 1213, filter: 1213 to 1276
Image: spain_aragon_jaime_i_dinero.jpg
Tags: encircled jacobs hispana circal aragon rings dinero spainish lorraine cruciform espanas spanich circling james encircles crossing circel encircle ringed circumference encircling medieval ring hispanarvm iacobvs jimmy jas espana circles loop circumscribed circumscibed maltese circuit midieval crosses hispanarium espa espanola hispan circlet circle espania spanish hispa jacobvs crossed spai loops spain maltise hispanirvm circular criss incircled jacob hisp dineros obolo cross circled jacobus hispanarvim hispaniarvm hispaniarum