1 Pfennig - Frederick the Handsome ND

One interesting fact about the 1 Pfennig coin featuring Frederick the Handsome is that it was minted during a time of great economic and political change in the Duchy of Austria. The coinage of this period was characterized by a shift from the use of bartering and local currencies to the adoption of a standardized system of coinage, with the 1 Pfennig coin being one of the first coins to be widely used and accepted across the region. This fact highlights the significance of this coin as a symbol of the emergence of a more centralized and organized economic system in the region, which would have a lasting impact on the development of trade and commerce in the centuries to come.

• medieval
• hre