Reverse © dampe54
Reverse © dampe54
1 Mariengroschen - Frederick V
| Billon (.312 silver) | 1.13 g | 17 mm |
| Issuer | County of Oldenburg (German States) |
|---|---|
| Count | Frederick V (Friedrich V) (1746-1766) |
| Type | Standard circulation coin |
| Years | 1762-1763 |
| Value | 1 Mariengroschen (1⁄36) |
| Currency | Thaler (1535-1773) |
| Composition | Billon (.312 silver) |
| Weight | 1.13 g |
| Diameter | 17 mm |
| Shape | Round |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-05 |
| Numista | N#84821 |
|---|---|
| Rarity index | 83% |
Reverse
Initials below date.
Lettering:
*I*
MARIEN
GROS:
O.L.M.
1763
I.H.M.
Comment
Mintmaster in Oldenburg was Johan Henrik Madelung hence the mark I.H.MInteresting fact
One interesting fact about the 1 Mariengroschen coin from the County of Oldenburg is that it was minted during a time of economic struggle for the region. The coin was introduced as part of a currency reform aimed at addressing the debasement of the local currency, and it was made of a lower-value metal (billon) than previous coins to reduce production costs. Despite these efforts, the coin still faced challenges in circulation due to its low value and the lack of trust in the local currency. This coin is a unique piece of history that highlights the economic challenges faced by the County of Oldenburg during that time.
Price
| Date | Mintage | VG | F | VF | XF | AU | UNC |
|---|---|---|---|---|---|---|---|
| 1763 IHM | 232000 | - | - | - | - | - | - |
Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Mariengroschen - Frederick V 1762-1763 coin.
