© Sulfur
© Sulfur
1 Pfennig
1571 year| Billon (.094 silver) | 0.26 g | 12 mm |
| Issuer | Free city of Riga (Livonian Confederation) |
|---|---|
| Period | Free city (1563-1579) |
| Type | Standard circulation coin |
| Year | 1571 |
| Value | 1 Pfennig = ⅓ Schilling |
| Currency | Schilling (1561-1581) |
| Composition | Billon (.094 silver) |
| Weight | 0.26 g |
| Diameter | 12 mm |
| Shape | Round |
| Orientation | Variable alignment ↺ |
| Demonetized | Yes |
| Updated | 2024-10-06 |
| Numista | N#86447 |
|---|---|
| Rarity index | 97% |
Reverse
Crossed keys under cross separating date.
Lettering: 7 - 1
Edge
Plain
Interesting fact
The 1 Pfennig coin from the Free City of Riga (Livonian Confederation) in 1571 is interesting because it was made of Billon, a metal alloy consisting of 0.094 silver and 0.906 copper. This composition was unusual for coins of that time, as most coins were made of pure silver or gold. The use of Billon in this coin reflects the economic and political context of the Livonian Confederation, which was a powerful trading nation in the Baltic region during the 15th to 18th centuries. The Confederation was known for its advanced economy, trade networks, and minting practices, and the use of Billon in its coins was likely a deliberate choice to create a more durable and affordable currency for everyday transactions.
