© Auktionen Frühwald
© Auktionen Frühwald
1 Pfennig ND
1540 year| Silver | 0.34 g |
| Issuer | City of Ulm (German States) |
|---|---|
| Period | Free city (1181-1803) |
| Type | Standard circulation coin |
| Year | 1540 |
| Value | 1 Pfennig (1⁄210) |
| Currency | Gulden (1398-1545) |
| Composition | Silver |
| Weight | 0.34 g |
| Shape | Round |
| Technique | Hammered |
| Demonetized | Yes |
| Updated | 2024-10-05 |
| Numista | N#175309 |
|---|---|
| Rarity index | 95% |
Reverse
Blank.
Comment
Same design but larger as Ulm 1 Heller MB# 23Interesting fact
The 1 Pfennig coin from Ulm was minted during a time of great economic and political change in the German States. The coinage of the time was based on the "Guldengroschen" standard, which was introduced in the late 15th century and aimed to create a uniform currency system across the German States. The 1 Pfennig coin was a subdivision of the Guldengroschen and was equivalent to 1/24 of a Guldengroschen. Despite its small denomination, the coin was made of silver, which was a valuable and sought-after metal at the time. The fact that the City of Ulm was able to produce such a coin speaks to the city's economic importance and its role in the regional trade network.
