© Fritz Rudolf Künker GmbH & Co. KG, Osnabrück and Lübke & Wiedemann KG, Leonberg
© Fritz Rudolf Künker GmbH & Co. KG, Osnabrück and Lübke & Wiedemann KG, Leonberg
16 Gute Groschen
| Silver | - | - |
| Issuer | City of Magdeburg (German States) |
|---|---|
| Period | Free city |
| Type | Standard circulation coin |
| Years | 1673-1674 |
| Value | 16 Gute Groschen = ⅔ Thaler |
| Currency | Thaler |
| Composition | Silver |
| Shape | Round |
| Demonetized | Yes |
| Updated | 2024-10-05 |
| Numista | N#219464 |
|---|---|
| Rarity index | 100% |
Reverse
4-line inscription in laurel and palm wreath.
Script: Latin
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, and its production was likely influenced by the growing economic power of the Hanseatic League, a powerful trading confederation of cities in Northern Europe. The coin's design, which features the image of a crowned eagle on one side and the coat of arms of Magdeburg on the other, reflects the city's pride in its economic and political status. Additionally, the use of silver in the coin's minting was a significant choice, as it was a valuable and highly sought-after metal at the time, and its use in coinage was a symbol of the city's wealth and prosperity.
