1 Pfennig - John George I

One interesting fact about the Standard circulation coin 1 Pfennig - John George I 1621-1623 from Electorate of Saxony (Albertinian Line) (German States) made of Silver is that it was minted during a time of great economic and political change in Germany. The coin was issued during the reign of John George I, who was the Elector of Saxony from 1611 to 1656. During his reign, John George I implemented a number of economic reforms, including the introduction of a new coinage system, which helped to stabilize the economy and increase trade in the region. The use of silver in the coinage was significant because it was a valuable and widely accepted metal, and it helped to establish the Pfennig as a reliable and trustworthy form of currency.

• medieval
• early modern
• hre