1 Goldgulden (Countermark) ND (1561-1581) front 1 Goldgulden (Countermark) ND (1561-1581) back
1 Goldgulden (Countermark) ND (1561-1581) photo
© H. D. Rauch

1 Goldgulden Countermark ND

 
Gold (.986) 3.54 g 22 mm
Description
Issuer
Free city of Riga (Livonian Confederation)
Period
Free city (1563-1579)
Type
Standard circulation coin
Years
1561-1581
Value
1 Goldgulden
Currency
Goldgulden (1561-1581)
Composition
Gold (.986)
Weight
3.54 g
Diameter
22 mm
Shape
Round
Technique
Countermarked
Demonetized
Yes
Updated
2024-10-06
References
Numista
N#142103
Rarity index
100%

Reverse

Standing crowned King Louis II with long light barde and orb dividing mintmark.

Script: Latin

Lettering:
S · LADISLAVS - REX · 15Z5 ·
K - B

Unabridged legend: Sancte Ladislaus Rex

Translation: Saint Ladislaus, King

Edge

Plain

Comment

The host coin for the countermark is a Hungarian 1 Forint piece minted in Kremnica. 

Interesting fact

The 1 Goldgulden coin from the Free City of Riga (Livonian Confederation) is interesting because it was minted during a time of great economic and political change in the region. The Livonian Confederation was a loose alliance of territories in what is now Latvia and Estonia, and it was struggling to maintain its independence in the face of encroachment from neighboring powers like Russia and Poland. Despite these challenges, the city of Riga was able to maintain its status as a major trading hub and mint its own coins, like the 1 Goldgulden, which was equivalent to 1/20th of a Livonian mark. This coin's unique blend of gold (.986) and weight (3.54g) made it a valuable and reliable form of currency during a time of economic uncertainty.