16 Gute Groschen 1672-1673 front 16 Gute Groschen 1672-1673 back
16 Gute Groschen 1672-1673 photo
© Leipziger Münzhandlung und Auktion Manfred Höhn

16 Gute Groschen

 
Silver - -
Description
Issuer
City of Magdeburg (German States)
Period
Free city
Type
Standard circulation coin
Years
1672-1673
Value
16 Gute Groschen (⅔)
Currency
Thaler
Composition
Silver
Shape
Round
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#219456
Rarity index
100%

Reverse

Inscription in laurel and palm wreath.

Script: Latin

Lettering: XVI / GUTE / GROSCHEN / date

Comment

Mintmaster CP - Christoph Pflug

Interesting fact

The 16 Gute Groschen coin from the City of Magdeburg (German States) made of Silver is interesting because it was minted during a time of great economic and political change in Europe. The coin was issued in the 17th century, a period of rapid urbanization and trade, which led to the emergence of new economic powers and the rise of modern nation-states. The coin's silver content and intricate design reflect the advanced minting techniques and artistic craftsmanship of the time. Additionally, the coin's value and usage in trade and commerce during this period highlight the importance of currency in facilitating economic exchange and growth.