1 Mariengroschen 1550-1554 front 1 Mariengroschen 1550-1554 back
1 Mariengroschen 1550-1554 photo
© Teutoburger Münzauktion

1 Mariengroschen

 
Silver - -
Description
Issuer
City of Einbeck (German States)
Period
Free city
Type
Standard circulation coin
Years
1550-1554
Value
1 Mariengroschen (1⁄36)
Currency
Thaler
Composition
Silver
Shape
Round
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#146507
Rarity index
100%

Reverse

Madonna with Child, flames around.

Script: Latin

Interesting fact

The 1 Mariengroschen coin from the City of Einbeck (German States) made of Silver is interesting because it was issued during a time of great economic and political change in Europe. The coin was minted during the reign of Charles V, Holy Roman Emperor, who was trying to standardize coinage across the empire. The Mariengroschen was a new denomination introduced by Charles V, and it was meant to be equal to 1/4 of a thaler, which was the standard silver coin of the time. This coin is a rare example of early standardized currency and represents an important moment in the history of European monetary policy.