Good catch Gustav! One of the best sources for information on these cyphers and monograms are coin collecting guides, which often include details on monarchs etc. This is one instance where associated materials related to weapons become pertinent as these markings often are found on sword blades and sometimes other arms, as well as accoutrements .
Dana, thank you so much for adding this intriguing historical perspective and for always participating in developing discussion . You have a great deal of knowledge and access to wonderful examples.
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