1 Pfennig - John Frederick and George 1534-1539 front 1 Pfennig - John Frederick and George 1534-1539 back
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1 Pfennig - John Frederick and George

 
Silver - 12 mm
Description
Issuer
Electorate of Saxony (Ernestinian Line) (German States)
Prince elector
John Frederick I the Magnanimous (Johann Friedrich I) (1532-1547)
Duke
George the Bearded (1500-1539)
Type
Standard circulation coin
Years
1534-1539
Value
1 Pfennig (1⁄288)
Currency
Thaler (1485-1573)
Composition
Silver
Diameter
12 mm
Shape
Round
Technique
Hammered
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#197008
Rarity index
97%

Reverse

Single-sided coin

Edge

Plain

Interesting fact

One interesting fact about the 1 Pfennig coin from the Electorate of Saxony (Ernestinian Line) is that it was made of silver, which was a valuable and durable material at the time. This coin was issued during the reign of John Frederick and George, who were both members of the Ernestinian Line of the House of Wettin, a powerful noble family in Germany. The use of silver in the coin's minting process was a deliberate choice, as it was a symbol of wealth and status, and it was also more resistant to wear and tear than other metals. This coin is a rare and valuable example of early modern coinage, and its use of silver highlights the importance of this precious metal in the economy and culture of the time.